UBL’s total income from operations on standalone basis was up 3.16% to Rs2,201.24 crore for the quarter ended on 30 September 2016.
Making sense of Bihar’s anti-liquor laws, particularly after conflicting developments in recent weeks, has become harder for companies that operate in the state.
United Breweries, which launched its malt-based beverage ‘Kingfisher Buzz’ in Delhi, would introduce more flavours in its ready-to-drink (RTD) product.
Net profit of United Breweries (Holdings) Ltd rose over 13-fold to Rs 29.47 crore for the first quarter ended June 30, 2016.
Shares of United Breweries Ltd surged nearly 6 percent today after Heineken International BV increased its stake in the company by buying shares worth Rs 152 crore. The scrip rose 5.91 percent to end at Rs 877 on BSE. During … Continue reading
Responding to a shareholder’s query on Mallya’s status as chairman of the company, Pal said he will continue as chairman of the company.
However, its total incom from operations rose by 33.63 per cent to Rs 103.62 crore during the March quarter as against Rs 77.54 crore in the same period a year ago, United Breweries Holdings said in a filing to the … Continue reading
Even with growing competition from Carlsberg, United Breweries has managed to retain its market share at nearly 50 percent and is well prepared to deal with future competition as well, says MD Shekhar Ramamurthy.
United Breweries’ June quarter net earnings increase 20.4% because of double-digit growth in eastern and southern markets at 18% and 13%, respectively.
Tribunal says Heineken’s claims can’t be taken up for consideration at this point as the liabilities of the main defendants itself has not been adjudicated