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United Breweries witnesses high-single-digit volume growth in January-March quarter

21 Apr 2022 Evaluate

United Breweries (UBL) has witnessed a high-single-digit volume growth in the domestic market during January-March 2022 quarter. Moreover, the consolidation of UBL in India has positively impacted net revenue by Euro 200 million.

In India, beer volume grew by a high-single-digit, outperforming the market. UBL experienced progressive growth during the quarter with the declining impact of the COVID omicron variant. The Asia Pacific region, under which India falls, has returned to growth following the lockdown in the second part of last year.

United Breweries is maker of Kingfisher beer and Heineken beer in India.

Peers
Company Name CMP
United Spirits 1376.10
United Breweries 1202.00
Radico Khaitan 4477.00
India Glycols 332.75
Allied Blenders&Dist 747.45
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