United Breweries reports 83% fall in Q4 net profit

United Breweries has reported 83% fall in its net profit to Rs 7 crore for the fourth quarter ended March 31, 2012 as compared to Rs 40 crore for the same period of previous fiscal. The company’s net sales, however, rose 13.69% to Rs 955 crore for the fourth quarter ended March 31, 2012, against Rs 840 crore during the same period of previous fiscal.

For the year ended March 31, 2012, the company posted a fall of 14.29% in its net profit of Rs 126 crore compared to Rs 147 crore in 2010-11. However, the company’s net sales for the year ended March 31, 2012, rose 18.56% to Rs 3,628 crore against Rs 3,060 crore during the previous financial year.