{"id":118857,"date":"2024-02-09T12:58:33","date_gmt":"2024-02-09T07:28:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=118857"},"modified":"2024-02-09T14:07:51","modified_gmt":"2024-02-09T08:37:51","slug":"alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year\/","title":{"rendered":"Alcohol stock in focus after it reports net profit of \u20b9 86 Cr from loss of \u20b9 2 Cr in the previous year"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3185956915\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Alcohol Stock with business engaged in the manufacture and sale of beer and non-alcoholic beverages reported its Q3FY24 results with a 4,400% increase in net profits.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3841722101\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 46,399 Crores, the shares of United Breweries Limited was trading at Rs. 1,777.30, up 1.20 percent from its previous day\u2019s close price of Rs. 1,756.15.<\/p><p>Its revenue from operations increased by 13.08 percent year on year from Rs. 1,613 crores in Q3FY23 to Rs. 1,824 crores in Q3FY24, but decreased by 3.49 percent QoQ from Rs. 1,890 crores in Q2FY24 to Rs. 1,824 crores in Q3FY24.<\/p><p>Its Net Profit increased by 4,400 percent YoY from a loss of Rs. 2 Crores in Q3FY23 to a profit of Rs. 86 Crores in Q3FY24, while it decreased 19.62 percent QoQ from Rs. 107 Crores in Q2FY24 to Rs. 86 Crores in Q3FY24.<\/p><div class=\"trade-content_5\" id=\"trade-3716925301\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In Q3FY24, it generated 99.98 percent of its revenue from beer sales, up 12.26 percent YoY, with the remaining 0.02 percent coming from non-alcoholic beverage sales, up 242.85 percent YoY.&nbsp;<\/p><p>United Breweries Limited manufactures and sells beer and nonalcoholic beverages. It has manufacturing facilities in India. It sells a variety of beer brands, including Heineken, Heineken Silver, Kingfisher Premium, Kingfisher Strong, Kingfisher Ultra, Kingfisher Ultra Max, Bullet, Bullet Super Strong, Zingaro, Kingfisher Storm, Kalyani Black Label, UB Export, and London Pilsner Strong. Their non-alcoholic beverage brands include Kingfisher packaged drinking water, Kingfisher strong power soda, and so on.<\/p><p><strong>Written by: Santhosh S<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-4193440998\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Alcohol Stock with business engaged in the manufacture and sale of beer and non-alcoholic beverages reported its Q3FY24 results with a 4,400% increase in net profits. With a market capitalization of Rs. 46,399 Crores, the shares of United Breweries Limited was trading at Rs. 1,777.30, up 1.20 percent from its previous day\u2019s close price of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":112916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-118857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alcohol stock in focus after it reports net profit of \u20b9 86 Cr from loss of \u20b9 2 Cr in the previous year - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Alcohol Stock with business engaged in the manufacture and sale of beer and non-alcoholic beverages reported its Q3FY24 results with a 4,400% increase in net profits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alcohol stock in focus after it reports net profit of \u20b9 86 Cr from loss of \u20b9 2 Cr in the previous year\" \/>\n<meta property=\"og:description\" content=\"Alcohol Stock with business engaged in the manufacture and sale of beer and non-alcoholic beverages reported its Q3FY24 results with a 4,400% increase in net profits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-09T07:28:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-09T08:37:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/alcohol-beer.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year\/\",\"url\":\"https:\/\/tradebrains.in\/features\/alcohol-stock-in-focus-after-it-reports-net-profit-of-86-cr-from-loss-of-2-cr-in-the-previous-year\/\",\"name\":\"Alcohol stock in focus after it reports net profit of \u20b9 86 Cr from loss of \u20b9 2 Cr in the previous year - 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