United Breweries April-June Net Profit Up 6% YoY; Revenue Rises 15.7%

United Breweries Ltd.'s net profit rose 6% on year to ₹1.84 billion in April–June, supported by strong topline growth. Sequentially, profit jumped 88.7%.

Revenue from operations—net of excise duty—rose 15.7% on year to ₹28.62 billion, and 23.3% compared to the previous quarter.
Other income increased to ₹109.5 million from ₹72.5 million a year ago.

Total expenditure for the quarter stood at ₹51.42 billion, down from ₹55.84 billion a year earlier. However, finance cost surged to ₹111.7 million from a lower base last year.

The company’s tax outgo rose to ₹637.5 million from ₹594.6 million in the year-ago quarter.