09 February, 2017

India: United Breweries Q3 net profit drops 31.94%

United Breweries has reported results for third quarter ended December 31, 2016, Mint Market Info said on February 9.

The company has reported 31.94% fall in its net profit at Rs 48.49 crore for the quarter under review as compared to Rs 71.25 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.87% at Rs 2263.81 crore for the quarter under review as compared Rs 2222.23 crore for the corresponding quarter previous year.

United Breweries is maker of Kingfisher beer and Heineken beer in India. Its flagship brand Kingfisher is currently available in lots of countries and leads the way amongst Indian beers in the International market.

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