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United Breweries shares rally 14% after Q2FY27 profit jumps 191% YoYUnited Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the Septemb...- United Breweries Q2 Results: Profit jumps nearly 3 times to Rs 134 crore on volume growth, premiumisationUnited Breweries Ltd experienced a nearly three-fold increase in net profit for the September quarter. The company's revenue from operation...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- In 2021, Dwayne Johnson co-founded ZOA Energy; by 2024, Molson Coors had spent $53 million to raise its stake to 51%Dwayne Johnson's ZOA Energy was recently acquired by Molson Coors Beverage Company, giving them majority control of the brand. This strateg...
- India’s 8% global gems, jewellery share has room to growIndia's gems and jewellery sector currently accounts for 8% of global exports but can expand into new product categories. NITI Aayog's Prav...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- UBL sees India as key growth engine for Heineken; focuses on premiumisation, margin expansionUnited Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers ...
- UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra breweryUnited Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and ...
- UBL’s Delhi beer business crosses Rs 250 crore run rate after distribution shiftUnited Breweries' beer business in Delhi has exceeded a revenue run rate of Rs 250 crore, helped by an operational shift to Adie Broswon Di...
- De Beers Group announces intention to close its lab-grown diamond jewellery brandDe Beers Group is set to close its Lightbox lab-grown diamond jewelry brand, reaffirming its dedication to natural diamonds. This decision ...
- Move over alcoholic beer! Gen Z ditch the signature drink for its non-alcoholic peer in growing trendLow-alcohol and non-alcoholic beers are gaining traction in the Indian market, driven by the wellness preferences of Gen Z and millennials....
- Heineken's premium beer volume rises 4.5 pc in Sep qtr, Kingfisher Ultra in India chips inHeineken NV reported a 4.5 per cent growth in premium beer volumes, driven by its flagship brand and contributions from Kingfisher Ultra in...
- Indians like to have a swig of premium beerPremium beers significantly outpaced the overall beer market in FY24, with a 25-30% volume growth compared to the 8-10% growth of the beer ...
- Top beer companies launch a new brewers association in India, backed by World Brewing AllianceBrewers Association of India (BAI) is being established in partnership with the World Brewing Alliance (WBA), the global industry body cons...
- India one of the top if not our biggest opportunity for growth globally: Heineken CEOHeineken's CEO optimistic about India's beer market, focusing on premium brands and local growth. The company invests in talent and capacit...
- Wendy’s ties up with UB Group, Grover Zampa to serve beer, wineThe US chain, which says it is the third largest burger seller in the world, made its India debut in May ‘15.
- Beer on a high, to pip hard drinks this yearExpanding middle class, growth in social drinking, and the shift away from hard liquor due to heath concerns are the main drivers of growth...
- Premium international beer brands bet big on India; shed the beverage’s summer drink imageBeer makers are pushing products in the non-summer months by associating with sporting and musical events.
- We have created new categories within strong beer: Soren Lauridsen, MD, Carlsberg IndiaWithin five years of setting up domestic operations, Carlsberg India claims to the third largest beer brand in the country (excluding the T...
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