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20-Oct-2023

United Breweries

Optimistic about the long-term growth potential of the industry


'Consolidated net sales (including other operating income) of United Breweries has increased 12.35% to Rs 1890.05 crore.  Sales of Beer segment has gone up 14.17% to Rs 4,192.57 crore (accounting for 99.99% of total sales).  Sales of Non-Alcoholic Beverages segment has gone down 77.52% to Rs 0.29 crore (accounting for 0.01% of total sales). 

Volume in Q2 increased 7% (+9% excl RTM changes) predominantly driven by Telangana, Orissa & Rajasthan, partially off-set by a decline in Delhi. The premium segment grew by 10% in the quarter. Within the segment, it saw double digit growth for the Kingfisher Ultra family & more than 20% contribution for Heineken Silver to the Heineken franchise.

Profit before interest, tax and other unallocable items (PBIT) has slumped 0.51% to Rs 237.77 crore.  PBIT of Beer segment fell 1.75% to Rs 238.80 crore (accounting for 100.43% of...



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