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Business & Stocks Economic Times Markets • Oct 27, 2026

United Breweries Q2 Profit Triples to Rs 134.81 Crore Amid Premium Beer Volume Surge

💡 Key Takeaways

•Net profit surged 190% YoY to Rs 134.81 crore.
•Revenue from operations grew 23.7% to Rs 4,623 crore.
•Kingfisher sales increased by 44%, driving premium volume growth.

NEW DELHI [NCRBuzz Wire] — ### Financial Performance and Revenue Metrics

**NEW DELHI [NCRBuzz Wire] — United Breweries Ltd (UBL) has reported a 190% year-on-year surge in net profit, reaching Rs 134.81 crore for the quarter ended September.** The company’s revenue from operations grew by 23.7% to Rs 4,623 crore, reflecting strong consumer demand and effective market penetration. EBITDA for the period saw a significant increase of 108%, driven by disciplined cost management and operational efficiencies.

### Premiumisation and Market Dynamics

**Volume growth was primarily anchored by the robust performance of UBL's premium and super-premium segments.** Specifically, brands like Heineken Silver and Kingfisher Ultra witnessed substantial sales growth, with Kingfisher sales alone rising by 44%. This strategic shift toward higher-margin products has fundamentally enhanced the company's profitability and competitive positioning in the Indian market. Following the results, UBL shares surged by 15% on the stock exchange.

### Future Outlook

**UBL management remains optimistic regarding future growth trajectories within the Indian beer market.** The firm continues to prioritize innovation, supply chain optimization, and targeted marketing campaigns to sustain its current momentum in subsequent quarters.

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🏛️ Background Context

The Indian alcoholic beverage market is undergoing a structural shift toward premiumization, driven by rising disposable incomes and changing urban consumer preferences, favoring established brands like those under the UBL portfolio.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: What triggered the profit surge for United Breweries?

The profit surge was driven by a 23.7% increase in revenue and a strategic shift toward high-margin premium products like Heineken Silver and Kingfisher Ultra.

Q2: How did the market react to these results?

Following the announcement of the Q2 results, United Breweries' share price surged by approximately 15% on the stock exchange.

Q3: What is the primary growth driver for UBL currently?

The primary growth driver is the premiumization trend in the Indian market, supported by operational efficiencies and disciplined cost management.

Verified Wires: Economic Times Markets, Livemint Markets & Economy, Business Standard Original Wire Dispatch ↗

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