United Breweries Q1FY24 Results: Consolidated PAT of Rs. 136.21 Cr

United Breweries Q1FY24 Results: Consolidated PAT of Rs. 136.21 Cr

United Breweries Q1 results show revenue up from 4092.80 crores to 5253.43 crores, a 28.36% increase in growth. EPS rise from ₹0.37 to ₹5.15, up by 1,291.89%.

First, Let’s Begin with Quarter-on-Quarter Basis:

United Breweries shared its Q1 results on Friday. They earned 5253.43 crores in revenue this quarter, but that’s more than the 4092.80 crores they made last quarter. The company’s growth increased by 28.36 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 136.21 crores, up from 9.81 crores in the previous quarter. Their quarter-to-quarter growth increased by 1,288.48 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹5.15, which is an increase of 1,291.89% from the ₹0.37 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 5253.43 crores this year (2023), which is 0.90 percent higher than last year’s total revenue of 5206.51 crores.

This year’s PAT (Profit After Tax) is 136.21 crores, which is also -15.97% lower than last year’s PAT of 162.09 crores.

The EPS (Earnings Per Share) for this year is ₹5.15, which is -15.99% less than the EPS of ₹6.13 earned last year.

Also Read: Equitas Small Finance Bank Q1FY24 Results: Standalone PAT of Rs 191.20 Cr

United Breweries Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About United Breweries:

United Breweries Holdings Limited, popularly known as UB Group, is an Indian conglomerate with its headquarters situated in UB City, Bangalore, Karnataka. The company’s primary focus is on beverages and investments in diverse sectors. It is renowned for marketing beer under the well-known Kingfisher brand and also holds ownership of various other brands of alcoholic beverages.

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