Varun Beverages shares in focus on expansion plans, strong Q3 earnings. Should you buy, sell or hold?Varun Beverages reported an 18.5% YoY rise in Q3 CY2025 profit to Rs 745 crore, supported by lower finance costs and higher other income, e...
30 Oct, 2025, 09.24 AM IST
Carlsberg India to invest Rs 1,250 crore over the next three yearsCarlsberg India will invest Rs1,250 crore over the next three years to significantly expand its manufacturing footprint across Maharashtra,...
29 Sep, 2025, 03.29 PM IST
Carlsberg India FY'24 sales cross Rs 8,000 cr, profit up 60.5 pc to Rs 323 crCarlsberg India reported a 60.5% profit increase to Rs 323.1 crore in FY'24, with revenue reaching a record Rs 8,044.9 crore. Despite a dro...
16 Mar, 2025, 11.06 AM IST
Carlsberg to retain strategy post-full ownership of Indian ops, eyes accelerated investmentCarlsberg’s global CEO, Jacob Aarup-Andersen, confirmed that the Danish brewer does not plan a new strategy for India after acquiring full ...
16 Aug, 2024, 11.19 AM IST
UBL, AB-InBev, Carlsberg jointly form Brewers' Association of IndiaThe Brewers' Association of India (BAI) was officially launched by the country's leading beer manufacturers, United Breweries (UBL), AB-InB...
29 May, 2024, 08.32 PM IST
Carlsberg’s India volumes stay flat in ’19Carlsberg has about 18% market share in India where the strong beer segment accounts for about 80% of the market. It has 2 strong beer bran...
08 Feb, 2020, 11.42 AM IST
Two steps forward, one step back: Cees’t Hart, Carlsberg's CEO“It’s a volatile environment. We used to say, two steps forward and one step back. The third quarter indeed was one of these quarters that ...
06 Nov, 2019, 06.54 AM IST
Polls take a toll on Carlsberg’s volume growth in January-June“We continue to see very appealing long term opportunities in India but at the same time, we need to manage the short term volatility and g...
17 Aug, 2019, 06.35 AM IST
Carlsberg’s volume growth slows down amid election heatCarlsberg has about 18% share in India, backed by Elephant and Tuborg, in a market skewed toward strong beer.
07 May, 2019, 07.17 AM IST
Carlsberg recovers from highway ban hangover, volumes up 9.4%Carlsberg has been focusing on brands such as Tuborg Strong and Elephant in India because strong beer accounts for 80% of country's overall...
03 Dec, 2018, 07.18 AM IST
Carlsberg declined 2% in India in 2017"2017 was a very volatile year for our Indian business due to the highway ban and the introduction of GST. Consequently, our volumes declin...
07 Feb, 2018, 02.14 PM IST
Carlsberg blames GST, ban for volume dip“Prices have been increased to offset the GST impact,” said Carlsberg CFO Heine Dalsgaard, after declaring Q3 performance, which saw net re...
03 Nov, 2017, 09.41 AM IST
Carlsberg blames GST, highway ban to volume decline in IndiaThe Indian market was very volatile due to the highway ban, GST and heavy rainfall in some of the provinces, Carlsberg CFO said.
02 Nov, 2017, 04.33 PM IST
Carlsberg ties up with 2 more manufacturers to expand in IndiaLilasons Industries has made significant investments in equipment, automation and processes to upgrade its brewery operations in Maharashtr...
14 Feb, 2017, 12.53 AM IST
Carlsberg signs manufacturing agreements to strengthen operations in Maharashtra and JharkhandCarlsberg India Managing Director Michael N Jensen said the company has seen significant growth from both the states over the last few year...
13 Feb, 2017, 03.23 PM IST
Under Michael Jensen, Carlsberg has more than doubled its business"You want to remind yourself constantly that what I know might not be what other people want. So listen to consumers,” said Jensen.
19 Aug, 2016, 04.27 AM IST
Tuborg Strong, Elephant bring fizz to Carlsberg’s India salesCarlsberg’s top seller is milder version of eponymous lager, the company’s Indian unit has been focusing on brands such as Tuborg Strong an...
09 Feb, 2016, 04.00 AM IST