United Breweries Q2 profit drops 64% on stronger monsoon, soft beer market; misses estimates

Net sales in Q2 were down 3%, with the decline in volume and a mid-single-digit price-mix increase being offset by negative state- and source-mix, bringing year-to-date net sales growth to 7%. Shares of United Breweries Ltd ended at ₹1,839.75, up by ₹6.05, or 0.33%, on the BSE.

Leave a Reply

Your email address will not be published. Required fields are marked *