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United Spirits Q4 Results: Company posts two-fold rise in profit to Rs 241 crore

United Spirits Q4 Results: Company posts two-fold rise in profit to Rs 241 crore

Fri, May 24, 2024

Its revenue from operations was up 12.41 per cent to Rs 6,511 crore during the quarter under review from Rs 5,792 crore a year earlier. USL's total expenses in the March quarter were up 10.9 per cent to Rs 6,279 crore. During the quarter, USL's consolidated net sales value (NSV) was at Rs 2,783 crore, up 11.2 per cent.

United Breweries dividend: Beer maker UBL declares Rs 10 dividend alongwith Q4 results

United Breweries dividend: Beer maker UBL declares Rs 10 dividend alongwith Q4 results

Tue, May 07, 2024

United Breweries dividend: Simultaneously, UBL has also posted its financial results for the fourth quarter ended on March 31, 2024.

UBS initiates coverage on Trent, Varun Beverages, Devyani International, Tata Consumer, United Breweries, Sapphire Foods—check out target prices

UBS initiates coverage on Trent, Varun Beverages, Devyani International, Tata Consumer, United Breweries, Sapphire Foods—check out target prices

Mon, Mar 18, 2024

Consumption stocks in India: According to UBS, a global firm providing financial services, premiumisation, and indulgence are redefining India’s food and beverage consumption.

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Carlsberg, SABMiller and United Breweries fixed beer prices in India - ''Avoid getting caught''

Carlsberg, SABMiller and United Breweries fixed beer prices in India - ''Avoid getting caught''

Fri, Dec 11, 2020

Carlsberg, SABMiller and United Breweries fixed beer, says report. Top executives of Carlsberg, SABMiller and India`s United Breweries (UB) exchanged commercially sensitive information and colluded to fix beer prices in India over 11 years, according to a government antitrust investigation report seen by Reuters

Stocks in Focus on March 4: SBI Card IPO, Bharti Airtel to Pharma Stocks; here are expected 5 Newsmakers of the Day

Stocks in Focus on March 4: SBI Card IPO, Bharti Airtel to Pharma Stocks; here are expected 5 Newsmakers of the Day

Wed, Mar 04, 2020

Stocks in Focus on March 4: SBI Card IPO, Bharti Airtel, Max Financial, United Breweries and pharma stocks are expected to remain newsmakers throughout the intraday trade today.

Buy Today Sell Today or Tomorrow: Stock market experts speak on United Breweries, HDFC, DHFL and Reliance Home Finance stocks

Buy Today Sell Today or Tomorrow: Stock market experts speak on United Breweries, HDFC, DHFL and Reliance Home Finance stocks

Mon, Aug 19, 2019

Stock market experts are of the opinion that United Breweries stocks are weak and advises sell while in HFC stocks, they advise buy call on HDFC while avoid in DHFL and Reliance Home Finance counters.

How will United Breweries shares fare going forward? Find out

How will United Breweries shares fare going forward? Find out

Tue, May 21, 2019

As far as annual interest is concerned, United Breweries has reduced 34% finance cost, thereby it will pay less. For example, if the company was paying Rs 100 as interest, now it will pay merely Rs 66.

Shares in United Breweries slide following antitrust raids

Shares in United Breweries slide following antitrust raids

Fri, Oct 12, 2018

Shares in India`s United Breweries Ltd fell as much as 3 percent on Friday, a day after Reuters reported the brewer and two of its global rivals, had been raided in India as part of an ongoing investigation into price-fixing allegations.

Sebi attaches bank, demat, MF accounts of Mallya's UBHL

Sebi attaches bank, demat, MF accounts of Mallya's UBHL

Thu, Nov 16, 2017

In 2015, Markets regulator Sebi had levied a fine of Rs 15 lakh on the company for disclosure lapses regarding creation and invocation of certain pledge transactions in shares of United Spirits

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot

Tue, May 23, 2017

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot. Watch the full segment for more details.

Liquor shares drop on SC order to ban alcohol shops on highways

Liquor shares drop on SC order to ban alcohol shops on highways

Thu, Dec 15, 2016

Shares of liquor companies dropped as Supreme Court moved to ban alcohol shops along national and state highways on Thursday. The court said that the existing liquor licenses will lapse on April 1, 2017.

Vijay Mallya files plea in Karnataka HC for recalling contempt order

Vijay Mallya files plea in Karnataka HC for recalling contempt order

Sat, Nov 26, 2016

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court (HC) for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.

United Breweries' net profit declines by 48% to Rs 27 crore

United Breweries' net profit declines by 48% to Rs 27 crore

Sat, Nov 05, 2016

This Q2, UB Group's volumes were down by nearly 5%, while that of UBL volumes remained flat. Overall in half year, UBL volumes rose by just 3% as against an industry that remained flat, displaying in a marginal gain in market share.

Karnataka High Court asks Vijay Mallya to appear on Nov 24

Karnataka High Court asks Vijay Mallya to appear on Nov 24

Fri, Oct 21, 2016

The Karnataka High Court on Thursday summoned beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.

United Breweries Holdings Q4 net loss narrows to Rs 43 crore

United Breweries Holdings Q4 net loss narrows to Rs 43 crore

Thu, Sep 01, 2016

United Breweries (Holdings) Ltd today reported narrowing of its standalone net loss at Rs 43.14 crore for the fourth quarter ended March 31, 2016. The company had posted a net loss of Rs 373.73 crore during the same period of the previous fiscal.

Couches to jet: Mallya assets to go under hammer for Rs 700 crore

Couches to jet: Mallya assets to go under hammer for Rs 700 crore

Sun, Jul 31, 2016

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

Vijay Mallya resigns from Bayer CropScience board

Vijay Mallya resigns from Bayer CropScience board

Tue, Jun 21, 2016

Bayer CropScience informed exchange today, that the Company has received the resignation intimation from Dr. Vijay Mallya wherein he has resigned from the Board of the Company as the Non-Executive Independent Director. The resignation will be in effect from June 30, 2016.

United Breweries down over 2% on Mallya exit talks

United Breweries down over 2% on Mallya exit talks

Thu, Jun 16, 2016

Shares of United Breweries Ltd fell by over 2 % today amid intense speculation that its Chairman Vijay Mallya may have to step down soon and sell his shares due to tightening of noose by markets regulator Sebi.

Vijay Mallya loses Kingfisher Villa in Goa

Vijay Mallya loses Kingfisher Villa in Goa

Fri, May 13, 2016

Last week, media reports had said Mallya put up a "villa manager" as a caretaker to thwart the banks' attempt to take it over.

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