United Breweries profit falls 9.6% despite 10% revenue growth as costs squeeze margins
United Breweries reported quarterly net profit of ₹166.28 crore, down 9.6% year on year, while revenue from operations rose 10% to ₹5,919.44 crore. Sell-in volumes grew 9%, premium volumes gained momentum and inventory fell 20%, but higher costs and Middle East conflict-related pressure cut gross margin by 300 basis points.
United Breweries’ Q1 FY27 profit fell 9.6% to ₹166.28 crore despite 10% revenue growth, as higher costs and the Middle East conflict pressured margins. Beer volumes and premium sales rose, while the company cut inventory and plans disciplined pricing and cost control.
Why this matters
The result extends United Breweries’ recent Q1 signal of falling profit and EBITDA-margin contraction, despite volume growth. It also follows its push for pro-beer policy and sector supply pressure from an aluminium-can crunch.
Retail-company signals are accelerating, up 205929% quarter on quarter.