On Wednesday, United Breweries Ltd., a manufacturer of beer, announced a five-fold increase in its consolidated net profit to Rs162.50 crore for the June quarter, mostly due to volume increases.
According to a regulatory filing, the business, which is owned by the Dutch global brewer Heineken NV, reported a net profit of Rs30.94 crore during the previous fiscal year.
During the reviewed quarter, United Breweries Ltd.’s (UBL) operating revenue increased 95.88% to Rs5,196.08 crores. When compared to the same time in the prior fiscal, it was Rs2,652.63 crore.
On an annual basis, the company’s volumes in the first quarter of the current fiscal year were more than twice as high as those in the COVID-affected quarter. UBL’s stock increased about 2% on Wednesday, closing at Rs1,636.25 on the BSE.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.