25 October, 2024

India: United Breweries reported increase in second-quarter consolidated net profit

Beer maker United Breweries Ltd on October 24 reported an increase of 23.47 per cent in consolidated net profit at Rs 132.33 crore in the second quarter ended September 30, 2024, on better volumes.

The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 107.17 crore in the July-September quarter a year ago, United Breweries Ltd (UBL) said in a regulatory filing.

UBL's revenue from operations was up 13.13 per cent to Rs 4,743.56 crore during the quarter under review. It was at Rs 4,192.86 crore in the corresponding period a year ago.

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