United Breweries Q3 revenue fizzes 10% with strong sale, sharp drop in profit

United Breweries Limited (UBL) reported a 54.9% year-on-year (YoY) decline in net profit for the third quarter of FY25, posting ₹38.3 crore, down from ₹84.9 crore in the same period last year. The profit drop was partly due to an exceptional loss of ₹25.8 crore, impacting the bottom line.

Revenue, however, rose 9.6% YoY to ₹1,998.4 crore, up from ₹1,822.7 crore, driven by higher sales volumes and improved product mix.

EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) slipped 3.1% YoY to ₹141.2 crore, compared to ₹145.7 crore in Q3FY24, reflecting increased input and operational costs.

Operating margins narrowed to 7.1%, down from 8% in the year-ago period, indicating margin pressures despite revenue growth.The company reported an exceptional loss of ₹25.8 crore, which weighed heavily on profitability. Details regarding the loss were not disclosed but are expected to be a key focus in the earnings call.

Ahead of the results, United Breweries’ stock closed at ₹2,030 on the BSE, reflecting cautious sentiment from investors.

Also Watch | Vivek Gupta, MD & CEO of United Breweries discusses October-December quarter 2024 (Q3FY25) figures in an interview with CNBC-TV18.

United Breweries, part of the Heineken Group, is India’s largest beer manufacturer, known for brands such as Kingfisher, Heineken, and UB Export. Despite strong sales, profitability was under pressure due to rising costs and one-time losses.