Latest news with #UBL
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Business Standard
a day ago
- Business
- Business Standard
United Breweries shares rise 4% after Q1 results; check key takeaways here
Shares of United Breweries (UBL) rose nearly 4% after the company reported a 6 per cent increase in the net profit for the current financial year (Q1FY26), with revenue beating the street's estimates. The breweries and distilleries firm's stock rose as much as 3.6 per cent during the day to ₹2,119 per share. The stock pared gains to trade 0.5 per cent higher at ₹2,045 apiece, compared to a 0.20 per cent advance in Nifty 50 as of 10:12 AM. Shares of the company rose for the third straight session and have recovered over 6 per cent from their June lows. The counter has risen 0.3 per cent this year, compared to a 6.2 per cent advance in the benchmark Nifty 50. UBL has a total market capitalisation of ₹53,951.87 crore. Track LIVE Stock Market Updates Here United Breweries Q1 results The company reported a 5.9 per cent increase in consolidated net profit for the quarter ended June 2025. The profit stood at ₹184.03 crore, up from ₹173.80 crore during the same period last year. However, the revenue from operations fell 7.4 per cent year-on-year to ₹5,380.78 crore. In the April-June quarter of 2024, revenue was ₹5,811.28 crore. Total expenses for the quarter declined 7.9 per cent to ₹5,143.97 crore. Overall income also dipped by 7.33 per cent to ₹5,391.85 crore. UBL reported a strong growth in the premium segment, which grew by 46 per cent, outpacing the overall category growth. "Volume in Q1 increased 11 per cent, lapping the impact from elections during peak season last year coupled with strong estimated market share gains in the quarter," UBL said in its earnings statement. UBL remains upbeat about growth prospects in India. "We remain committed and optimistic to unlock growth in the category & shape the future of beer in India driven by increasing disposable income, favourable demographics & premiumisation," the company said. Nuvama on UBL Q1 results Nuvama Institutional Equitus said that UBL reported a strong Q1 performance, with revenue rising 15.7 per cent Y-o-Y, ahead of both Nuvama and consensus estimates. Ebitda grew 8.9 per cent Y-o-Y, beating Nuvama's forecast but falling short of the Street's expectations. The brokerage retained its 'Buy' call, with a target price of ₹2,505 per share, and added that it awaits more details on the post-results call. Capex for the quarter stood at approximately ₹1.4 billion, up ₹890 million from the previous year, driven largely by investments in commercial and supply chain initiatives, Nuvama said. Other expenditure rose 18.7 per cent Y-o-Y and 18 per cent sequentially, led by marketing spends, higher freight costs, and miscellaneous items.
Time of India
a day ago
- Business
- Time of India
United Breweries Q1 profit up 6% to Rs 184 cr
BENGALURU: United Breweries Ltd (UBL) posted a 6% year-on-year rise in consolidated net profit to Rs 184 crore for the quarter ended June 30, 2025, as volumes grew 11% and premium beer sales surged 46%. Net revenue rose 16% to Rs 5,380.78 crore, supported by higher demand, price realisations and continued premiumisation. Earnings per share for the quarter stood at Rs 6.95, compared to Rs 6.56 a year earlier. The company said its volume growth, achieved despite election-related disruption in the base quarter, translated into estimated market share gains, both overall and in the premium segment. Flagship brands including Kingfisher Ultra, Amstel Grande and Heineken Silver were key contributors. Amstel Grande was introduced in Karnataka during the quarter, after earlier rollouts in Maharashtra, West Bengal and Uttar Pradesh. Gross profit rose 14% year-on-year, although margins narrowed 50 basis points to 42.5%. Operating profit (EBIT) grew 10% to Rs 247.88 crore, even as UBL increased investments in branding, organisational capability and supply chain infrastructure. Capital expenditure for the quarter stood at Rs 136 crore, nearly Rs 89 crore higher than the same period last year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Choose your Nightfarer and try to survive against the Night's Tide! Shop Now Undo As part of its supply chain reorganisation, UBL closed its Mangaluru unit and stepped up investment in its Mysuru facility. The company continues to contest a Rs 751.8 crore penalty imposed by the Competition Commission of India in 2021. The matter is under appeal in the Supreme Court, and UBL has not provisioned for the penalty, classifying it as a contingent liability. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
a day ago
- Business
- Business Standard
United Breweries Q1 results: Profit rises 5.9% to ₹184 cr on lower expenses
United Breweries Ltd (UBL), backed by Dutch brewing giant Heineken NV, reported a 5.9 per cent increase in consolidated net profit for the quarter ended June 2025. The profit stood at ₹184.03 crore, up from ₹173.80 crore during the same period last year, according to the company's regulatory filing on Tuesday. While profit rose, the company's revenue from operations fell 7.4 per cent year-on-year to ₹5,380.78 crore. In the April-June quarter of 2024, revenue was ₹5,811.28 crore. "Volume in Q1 increased 11 per cent, lapping the impact from elections during peak season last year coupled with strong estimated market share gains in the quarter," UBL said in its earnings statement. Strong growth in premium brands UBL highlighted strong performance in its premium segment, which grew by 46 per cent -- outpacing the overall category growth. "Within our premium portfolio, we see strong growth from Kingfisher Ultra franchise, Amstel Grande & Heineken Silver, and we continue to drive premium volume growth," the company stated. Lower expenses and capital investments Total expenses for the quarter declined 7.9 per cent to ₹5,143.97 crore. Overall income also dipped by 7.33 per cent to ₹5,391.85 crore. During the quarter, UBL invested ₹136 crore in capital expenditure, primarily aimed at commercial and supply chain improvements to support future expansion. Positive outlook for Indian market UBL remains upbeat about growth prospects in India. "We remain committed and optimistic to unlock growth in the category & shape the future of beer in India driven by increasing disposable income, favourable demographics & premiumisation," the company said. On Tuesday, shares of United Breweries Ltd closed at ₹2,036.90 on the BSE, marking a 0.74 per cent increase from the previous day's close.
Express Tribune
16-07-2025
- Business
- Express Tribune
PSX rally fizzles out as investors take profit
Listen to article The record-eclipsing rally at the Pakistan Stock Exchange (PSX) fizzled out on Tuesday as investors took a breather and booked profits in a large number of equities at higher valuations. The benchmark KSE-100 index shed 562.67 points, or 0.41%, and settled at 135,939.87 at the close of trading. Earlier at the start of the session, the market shot up rapidly and after continued fluctuations touched the day's peak at 137,748 before midday. Afterwards, the index began descending gradually, reaching its intra-day low at 135,826 towards the close of trading. Topline Securities, in its report, said that the local bourse kicked off trading on a high note, continuing the previous day's upward momentum as banking heavyweights led the charge. "Optimism fueled early gains, propelling the benchmark index to the intra-day high of 1,245 points," it said. However, the rally ran out of steam in the latter half as investors shifted gears to book profits, prompting a wave of selling across the board. The index saw a wide swing, hitting the low of 676 points before closing at 135,940, down 563 points, or 0.41%. "The session mirrored a classic tug of war between bullish enthusiasm and prudent gain-taking," Topline remarked. On the leaders' board, UBL, Fauji Fertiliser Company (FFC), ABL, Pakistan Services and Engro Holdings stood out as top performers, collectively adding 564 points to the index. Meanwhile, pressure from Meezan Bank, Pakistan Petroleum Limited (PPL), Hubco and OGDCL trimmed gains, dragging the index down by 350 points. Investor participation remained vibrant, with volumes standing at 879 million shares and traded value reaching Rs38.6 billion. The Bank of Punjab led the volumes chart as it recorded trading in 61.3 million shares – a testament to the market's underlying liquidity and momentum, it added. According to Arif Habib Limited (AHL), the PSX saw some retreat from Monday's aggressive move higher with the day's low at 135.8k. On the KSE-100, 27 shares rose while 72 fell, with UBL (+2.7%), FFC (+0.73%) and ABL (+10%) contributing the most to index gains. On the contrary, Meezan Bank (-2.62%), PPL (-1.95%) and Hubco (-1.49%) were the biggest drags, it said. In a positive report, AHL pointed out that the finance ministry had stated that they were close to finalising a trade deal for preferential tariff access with the US. "For Wednesday's session, we are anticipating demand to be found in the first offered support zone between 135k and 135.8k," it concluded. AHL Deputy Head of Trading Ali Najib remarked that the PSX witnessed a day of consolidation, where the KSE-100 index oscillated in both directions before closing at 135,940, down 563 points. The index hit intra-day high of 137,748 (+1,245 points) and intra-day low of 135,826 (-676 points). He said that early gains driven by Monday's bullish momentum were short-lived as profit-taking at the day's peak reversed the trajectory, pulling the index into negative territory by the session's close. "Initial support remains at 135k, backed by strong corporate earnings and foreign inflows. If breached, 132k is the next key level, where valuation comfort and expected monetary easing may help stabilise sentiment and revive buying interest," Najib added. Overall, shares of 478 companies were traded. Of these, 110 stocks closed higher, 345 dropped and 23 remained unchanged. Among volume leaders, The Bank of Punjab registered trading in 61.3 million shares, inching up four paisa to Rs13.13. It was followed by K-Electric, which saw trading in 56.7 million shares, losing six paisa to Rs5.27 and Trust Modaraba, which recorded trading in 44.6 million shares, surging one rupee to Rs7.72. Foreign investors were sellers of shares worth a net Rs576.2 million, the National Clearing Company reported.
Express Tribune
15-07-2025
- Business
- Express Tribune
Record-breaking bull run continues as index crosses 137,000
Listen to article The Pakistan Stock Exchange (PSX) continued its upward momentum for a second consecutive session on Tuesday, with the benchmark index rising by 641.87 points, or 0.47%, the current index at 137,144.40 during intra-day trading. The market touched an intraday high of 137,727.63 and a low of 136,498.16, reflecting stable investor sentiment. Tuesday's gains follow a positive close on Monday, signalling sustained buying interest. Total traded volume reached 118,048,153 shares, while the overall value of traded securities stood at Rs. 8.92 billion. The previous session closed at 136,502.53. Analysts attributed the continued gains to improving corporate outlooks and positive cues from regional markets. Read: In fresh peak, PSX rises past 136,000 mark Earlier on Monday, PSX surged past the 136,000 mark amid encouraging economic developments and strong interest from mutual funds and institutional investors. The benchmark KSE-100 index added another 2,202.77 points, or 1.64%, to settle at 136,502.54 at the close of trading. Since the commencement of the session, the market began its gradual ascent and didn't look back, reaching the intra-day high at 136,841 just before the end of the day's proceedings. Banking sector heavyweights led the momentum, with UBL, HBL, Fauji Fertiliser Company, Bank AL Habib and MCB Bank collectively contributing 1,443 points to the benchmark index. Arif Habib Limited (AHL), in its report, called Monday's trading a very strong start to the week with the KSE-100 gaining 1.64% day-on-day to clear the 136k level. Some 62 shares rose while 36 fell on the index, where UBL (+5.45%), HBL (+9.43%) and Fauji Fertiliser Company (+1.67%) contributed the most to index gains. In contrast, Pakistan Petroleum (-0.69%), PSO (-0.91%) and National Foods (-2.47%) were the biggest drags, it said.
