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United Breweries Ltd News

United Breweries eyes strong growth in the premium beer segment

UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant

United Breweries eyes strong growth in the premium beer segment
Updated On : 03 Jun 2024 | 4:58 PM IST

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high
Updated On : 05 Jun 2024 | 3:09 PM IST

United Breweries Q4 results: Net profit jumps 5-fold to Rs 80.15 crore

United Breweries Ltd on Tuesday reported a more than five-fold jump in net profit to Rs 80.15 crore for the January-March period of 2023-24 compared to the year-ago period. The beverages maker had reported a net profit of Rs 13.05 crore for the April-March quarter of 2022-23, according to an exchange filing. Revenue from operations rose 17 per cent to Rs 4,788.68 crore in the last quarter of FY24 compared to Rs 4,081.01 crore in the year-ago quarter. Total expenses rose to Rs 4,705.38 crore in the quarter under review from Rs 4,079.32 crore in the year-ago period. Net profit for the full fiscal year ended on March 31, 2024, rose 33 per cent to Rs 412.59 crore compared to Rs 308.10 crore in the previous year. Total income rose 10.49 per cent to Rs 18,453.27 crore in FY24 compared to Rs 16,700.52 crore in the previous year, the filing stated. The board of the company also recommended a final dividend of Rs 10 per share (1,000 per cent) of the face value of Re 1 for the 2023-24 fina

United Breweries Q4 results: Net profit jumps 5-fold to Rs 80.15 crore
Updated On : 07 May 2024 | 9:36 PM IST

United Breweries surges 10% on hopes of healthy revenue in March quarter

Heineken N.V., the promoter group, said that India net revenues grew by 20 per cent organically in the January to March quarter

United Breweries surges 10% on hopes of healthy revenue in March quarter
Updated On : 24 Apr 2024 | 3:00 PM IST

Summer cheer for beer firm United Breweries as margins remain stable

Cheaper raw material prices and growth in premium segment expected to help company

Summer cheer for beer firm United Breweries as margins remain stable
Updated On : 10 Apr 2024 | 11:39 AM IST

Stocks to Watch: Healthcare, Titan, UB, Wipro, Zee, Voda Idea, Adani group

Stocks to watch on Monday, April 08, 2024: Shares of healthcare related firms likely to be in focus as Manipal nears acquisition of Medica Synergie.

Stocks to Watch: Healthcare, Titan, UB, Wipro, Zee, Voda Idea, Adani group
Updated On : 08 Apr 2024 | 7:34 AM IST

United Breweries gets tax demand of over Rs 263.70 cr from Maha GST dept

United Breweries Ltd on Friday said it has received a tax demand of over Rs 263.70 crore, including interest and penalty from the Maharashtra State Goods & Service Tax Department. In a regulatory filing, the company said the Deputy Commissioner of State Tax, Raigad Division, Maharashtra State Goods & Service Tax Department passed an order levying an additional tax of Rs 1,19,82,34,560, interest of Rs 1,15,03,04,218 and penalty of Rs 28,86,97,379 -- totalling to Rs 2,63,72,36,156 for FY 2019-20. "The demand order has been raised on account of levy of 60 per cent CST on debit notes raised by UBL on Telangana State Beverage Corporation (TSBCL), Karnataka State Beverage Corporation (KSBCL), Andhra Pradesh State Beverage Corporation (APBCL) for reimbursement of state excise duties paid on behalf of State Beverage Corporations for the period April 2019 to March 2020," United Breweries Ltd (UBL) said. Demand is also raised on account of non-submission of declaration forms for ...

United Breweries gets tax demand of over Rs 263.70 cr from Maha GST dept
Updated On : 05 Apr 2024 | 10:53 PM IST

F&O strategy: Bull spread recommended on UBL for March series

Nandish Shah of HDFC Securities recommends to Buy UBL 1700 CALL and simultaneously Sell 1800 CALL for the March expiry.

F&O strategy: Bull spread recommended on UBL for March series
Updated On : 01 Mar 2024 | 6:27 AM IST

United Breweries Q3 results: Profit at Rs 84.85 crore, revenue up 12.3%

The Kingfisher beer maker reported a standalone profit of Rs 84.85 crore (nearly $10 million) for the quarter ended Dec. 31, compared with a loss of Rs 2.1 crore a year earlier

United Breweries Q3 results: Profit at Rs 84.85 crore, revenue up 12.3%
Updated On : 08 Feb 2024 | 8:29 PM IST