India's United Breweries gains on quarterly profit rise

United Breweries

23/07/2025 04:55

** Kingfisher beer maker United Breweries UBBW.NS climbs 1.9% to 2,075.1 rupees in early trade

** Co reported a 6% on-year rise in first-quarter profit at 1.84 billion rupees ($21.3 million), helped by lower excise duty costs and strong demand for premium beers

** Stock rated "hold" on avg, while rival United Spirits UNSP.NS rated "buy" - data compiled by LSEG

** Year-to-date, UBBW up 1.8%, UNSP down 17%

($1 = 86.3940 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))