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United Breweries reports 16% fall in Q1 consolidated net profit

29 Jul 2023 Evaluate

United Breweries has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 15.83% fall in its net profit at Rs 136.08 crore for the quarter under review as compared to Rs 161.68 crore for the same quarter in the previous year. However, total income of the company increased by 0.91% at Rs 5251.72 crore for Q1FY24 as compared Rs 5204.38 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 16.10% fall in net profit at Rs 136.34 crore for the quarter ended June 30, 2023 as compared to Rs 162.50 crore for the same quarter in the previous year. However, total income of the company increased by 0.90% at Rs 5253.43 crore for Q1FY24 as compared Rs 5206.51 crore for the corresponding quarter previous year.

Peers
Company Name CMP
United Spirits 1422.15
United Breweries 1253.30
Radico Khaitan 4555.00
India Glycols 310.10
Allied Blenders&Dist 715.20
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