India. UBL’s September quarter profit down 48.09% to Rs27.05 crore
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. (more…)
India. Bihar alcohol ban: SC to hear case today; liquor factories on tenterhooks
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. (more…)
India. United Breweries To Have More Flavours In Kingfisher Buzz
United Breweries, which launched its malt-based beverage ‘Kingfisher Buzz’ in Delhi, would introduce more flavours in its ready-to-drink (RTD) product. (more…)
India. United Breweries Holdings Q1 net rises 13-fold to 29.47 crore
Net profit of United Breweries (Holdings) Ltd rose over 13-fold to Rs 29.47 crore for the first quarter ended June 30, 2016. (more…)
India. Heineken ups stake in United Breweries; how long can Vijay Mallya hold on?
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 the day, it soared 7.15 percent to Rs 887.30
At NSE, shares of the company jumped 5.76 percent to close at Rs 876.50. (more…)
India. Vijay Mallya to remain United Breweries chairman
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. (more…)
India. United Breweries Holdings Q4 net loss narrows to Rs 43 crore
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 BSE. (more…)
India. Aim to surpass industry volume growth of 5-6%: United Breweries
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. (more…)
India. United Breweries Q1 net rises 20% on higher sales and lower costs
United Breweries’ June quarter net earnings increase 20.4% because of double-digit growth in eastern and southern markets at 18% and 13%, respectively. (more…)
India. Heineken plea for ‘first right’ on United Breweries share sale dismissed
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 (more…)