Beer maker United Breweries Ltd on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 134.81 crore in the September quarter, primarily driven by premiumisation, cost efficiency and volume growth.
The Dutch multinational brewing company Heineken NV-controlled firm had posted a net profit of Rs 46.34 crore in the July-September period a year ago, according to a regulatory filing.
UBL's revenue from operations increased 23.7 per cent year-on-year to Rs 4,623 crore in the September quarter of FY27, compared to Rs 3,737.31 crore in the corresponding period a year ago.
"Net Sales grew 24 per cent, driven by strong volume growth, structural price increases, premiumisation, favourable geographic mix and improvement in the company's operating mix," said UBL in its earnings statement.
The company's Ebitda grew 108 per cent in the quarter under review, while the Ebitda margin improved by 480 basis points, driven by better operating efficiency and cost control, the exchange filing said.