United Breweries has posted a 76%, YoY jump in its September
quarter profit to Rs 34.2 crore on improved volumes in its key markets across
India. While its strong beer segment
witnessed 10% growth, the firm's wild mild beer segment saw 4% volume rise.
Revenues also grew 18%, YoY to Rs 873.7 crore.
The company added that the September quarter results include
operations of MBIL, UMBL, UB Nizam, UB Ajanta and UBPL consequent to the merger
of these entitutes into the company and hence numbers cannot be compared with
the corresponding quarter of FY12.
Meanwhile, the company in a statement said, it managed to
offset rise in input cost in an inflationary economy by reducing bottle cost
through its patented bottle system.
Post the earnings announcement, shares of the company rose
2.29% to Rs 807.15.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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