United Breweries shares in focus after Q3 net profit drops 55% YoY
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Shares of United Breweries will be in focus on Friday, February 14, after the company reported a 54.9% year-on-year (YoY) decline in net profit for the third quarter of FY25. The company's profit fell to Rs 38.3 crore, down from Rs 84.9 crore in the same period last year, impacted by an exceptional loss of Rs 25.8 crore. Revenue, however, grew 9.6% YoY to Rs 1,998.4 crore, up from Rs 1,822.7 crore, driven by higher sales volumes and an improved product mix. EBITDA declined 3.1% YoY to Rs 141.2 crore, compared to Rs 145.7 crore in Q3FY24. Operating margins shrank to 7.1% from 8% a year ago, highlighting margin pressures despite increased revenue. Also Read: Stocks in news: Vodafone Idea, RVNL, Glenmark, Hindalco, Religare Enterprises, RBL Bank United Breweries launched Amstel Grande, a premium beer, this financial year to capitalize on the trend and boost sales in the reported quarter. The move also aimed to counter competition from An...