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CARLSBERG FINANCIAL PERFORMANCE
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
Consumer MNCs bullish on India, see business growth moving in fast laneDespite a mixed July-Sept quarter impacted by weather and GST disruptions, global consumer giants remain bullish on India. CEOs from major ...
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...
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...
United Breweries shares rally 6% after reporting Q3 resultsUnited Breweries reported a significant 54.9% YoY decline in Q3 net profit to Rs 38.3 crore, impacted by an exceptional loss. Despite a 9.6...
Ahead of Market: 10 things that will decide stock action on MondayIndian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they ...
Consumer companies on recovery path; FY25 India business looks brightGlobal and Indian companies like Coca-Cola, Apple, and Reliance Retail anticipate a successful year ahead with strengthened demand post-Mar...
Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
India is shining now for global consumer firmsAmerican appliance maker Whirlpool Corp in its earning presentation said the company's focus is on the Americas and India. Chairman Marc Bi...
Indian environment, highly uncertain and volatile: Carlsberg CEO Cees't HartThe world's third-biggest brewer said its Indian business at off-trade or retail channel fell 40% in the quarter ended September. Also, man...
Liquor stocks in low spirits, but this unlisted player is on a high!Listed stocks of liquor manufacturers and breweries have not been doing well this year.
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...
Bira beer maker raises Rs 25 cr from Anicut CapThe company, in its latest filing with the Registrar of Companies, said it has issued 250 non-convertible debentures worth `10 lakh each to...
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...
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.
SABMiller sales growth rises a marginal 0.5%, slowest in 3 yearsSales at the maker of Haywards, Foster’s and Knock Out beer rose a marginal 0.5% in the year through March to Rs 3,363 crore.
Vijay Mallya may have to exit company boards if declared 'wilful defaulter'UB Group boss Vijay Mallya may have to quit the boards of India's largest alcoholic beverage companies, if declared a 'wilful defaulter'.
Why Vijay Mallya needs to start afresh and save his empire from shrinking furtherVijay Mallya has given up his crown jewel United Spirits, his airline remains grounded, and he may no longer call the shots at his fertilis...
- Uptrend seems pretty much sustainable: Nilesh Shah, Envision Capital
Nilesh Shah of Envision Capital says that all the low hanging fruits have been plucked, and investors should be more stock-specific now.