United Breweries Reports Robust Profit Growth: A Financial Surge Fueled by Premium Beers

United Breweries Ltd, under Heineken NV, posted a 23.47% increase in Q2 consolidated net profit to Rs 132.33 crore, driven by increased volumes and strong growth in premium segments. Q2 revenue rose to Rs 4,743.56 crore. Investments in business enhancements remain a priority amidst optimistic industry growth outlook.

On Thursday, United Breweries Ltd, a subsidiary of Heineken NV, announced a significant 23.47% rise in its consolidated net profit for the second quarter, reaching Rs 132.33 crore.

The increase in profit was primarily attributed to improved volumes and notable growth within the premium beer segments, including brands like Kingfisher Ultra and Heineken Silver.

Despite a slight decline in share value, the company remains optimistic about the future, citing favorable demographics and rising disposable income as key drivers of long-term growth in the brewing industry.

(With inputs from agencies.)