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Hot Pursuit News

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(08 May 2024, 10:25)

United Breweries records PAT of Rs 81 cr in Q4 FY24

United Breweries reported consolidated net profit of Rs 81.55 crore in Q4 FY24, steeply higher than Rs 9.87 crore posted in corresponding quarter last year.


Revenue from operations (excluding excise duty) jumped 20% to Rs 2,133.38 crore in Q4 FY24 as compared with Rs 1,765.88 crore in Q4 FY23, driven by strong underlying demand & revenue management initiatives.

Profit before tax (PBT) surged to Rs 109.76 crore duirng the quarter from Rs 13.48 crore posted in Q4 FY23.

Volume in Q4 increased 10.9% predominantly driven by South and East regions.

The premium segment grew by 21% in the quarter. Within the segment, the company saw strong growth for Kingfisher Ultra & Kingfisher Ultra Max and it continues to drive premium volume growth.

On full year basis, the company’s consolidated net profit jumped 34.85% to Rs 410.86 crore in FY24 as compared with Rs 304.68 crore in FY23. Revenue from operations (excluding excise duty) increased 8....

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