March and April were quite badly affected by elections, says Ramamurthy.

Despite elections, strong single digit volume growth will continue for alcohol industry, says UB MD

“In India, beer is taxed much higher than spirits and marketed as aspirational drink.”

“As long as the industry grows and there are no regulatory headwind, expect similar growth going forward.”

Buy United Breweries Ltd. at a price target of Rs 1040.0 and a stop loss at Rs 970 from the entry point.

“I do not think there is any scope for double digit growth in the near future.”

“We see recovery in Maharashtra taking far longer than we had hoped for.”

Buy United Breweries at a price target of Rs 980 and a stop loss at Rs 890 from entry point.

Buy United Breweries at a price target of Rs 940 and a stop loss at Rs 855 from entry point.

"We were compelled to import almost 60% of our barley requirement. This year, vis-à-vis last year, the barley prices have been stable."

Share prices of liquor companies have already plunged up to 6 per cent in 4 sessions.

"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 proposed a dividend of Rs 1.15 per equity share of Rs 1, amounting to Rs 36.6 crore (inclusive of dividend distribution ta...

In an exclusive interview with ET Now, Shekhar Ramamurthy, MD, United Breweries, also says that alcohol prohibition in the country has neve...

"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 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 introduced locally brewed and botted Heineken lager in Mumbai and Pune this month and will roll it out across 7-10 other m...