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SHEKHAR RAMAMURTHY
UB appoints Rishi Pardal as new managing directorPardal will join UB on June 12 in preparation for taking charge from Ramamurthy and familiarise with the business. He will hold office as M...- Volume and revenue good but rains played spoilsport for UB: Shekhar RamamurthyThis year, barley prices are almost 15% higher than last year, as also glass prices.
- Going forward, we expect a pickup in Q2, Q3: Shekhar Ramamurthy, UBThe biggest challenge over the next couple of years will be managing the rising input costs.
- This year is going to be tougher than last year: Shekhar Ramamurthy, United BreweriesMarch and April were quite badly affected by elections, says Ramamurthy.
- Low debt gives flexibility for future growth: Shekhar Ramamurthy, United BreweriesDespite elections, strong single digit volume growth will continue for alcohol industry, says UB MD
- Elections are big disruptors but 6-8% industry growth is possible: Shekhar Ramamurthy, UBL“In India, beer is taxed much higher than spirits and marketed as aspirational drink.”
- We will take on Bira with craft beers by end of the year: Shekhar Ramamurthy, United Breweries“As long as the industry grows and there are no regulatory headwind, expect similar growth going forward.”
- Buy United Breweries, target Rs 1,040: Mandar JamsandekarBuy United Breweries Ltd. at a price target of Rs 1040.0 and a stop loss at Rs 970 from the entry point.
- Expect mid-to-high single digit growth in 2018: Shekhar Ramamurthy, United Breweries“I do not think there is any scope for double digit growth in the near future.”
- We will continue to beat industry growth rate: Shekhar Ramamurthy, United Breweries“We see recovery in Maharashtra taking far longer than we had hoped for.”
- Buy United Breweries, target Rs 980: Kunal BothraBuy United Breweries at a price target of Rs 980 and a stop loss at Rs 890 from entry point.
- Buy United Breweries, target Rs 940: Manas JaiswalBuy United Breweries at a price target of Rs 940 and a stop loss at Rs 855 from entry point.
- Expect consumers to get used to fewer liquor outlets: Shekhar Ramamurthy, United Breweries"We were compelled to import almost 60% of our barley requirement. This year, vis-à-vis last year, the barley prices have been stable."
- Alcohol out of GST for now, but beer will still get costlierShare prices of liquor companies have already plunged up to 6 per cent in 4 sessions.
- Keep us in GST because we want to be part of this far reaching legislation: Shekhar Ramamurthy of United Breweries"We had work very hard with various stakeholders to impress upon them that they should not exclude us because if you look at the way VAT or...
- United Breweries holds Vijay Mallya’s Rs 12 crore dividendUnited Breweries proposed a dividend of Rs 1.15 per equity share of Rs 1, amounting to Rs 36.6 crore (inclusive of dividend distribution ta...
- Will continue to grow ahead of the market: Shekhar Ramamurthy, MD, United BreweriesIn an exclusive interview with ET Now, Shekhar Ramamurthy, MD, United Breweries, also says that alcohol prohibition in the country has neve...
- Hope reach 50 per cent market share during festive season: Shekhar Ramamurthy, United Breweries"We think the balance of the year from October to March should grow at least 5% to 6% as the industry and we will definitely do better than...
- United Breweries Q1 Net down 4.68 per cent at Rs 122.81 croreUnited Breweries Ltd (UBL) today reported 4.68 per cent decline in net profit at Rs 122.81 crore for the first quarter ended June 30.
- United Breweries launches super-premium beer HeinekenUnited Breweries introduced locally brewed and botted Heineken lager in Mumbai and Pune this month and will roll it out across 7-10 other m...
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