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Published on 27/04/2022 3:13:18 PM | Source: Accord Fintech

United Breweries gains after its Q4 consolidated net profit surges 68%

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United Breweries is currently trading at Rs. 1544.40, up by 9.50 points or 0.62% from its previous closing of Rs. 1534.90 on the BSE.

The scrip opened at Rs. 1557.45 and has touched a high and low of Rs. 1580.00 and Rs. 1507.90 respectively. So far 31480 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1793.65 on 09-Nov-2021 and a 52 week low of Rs. 1131.45 on 27-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1599.85 and Rs. 1462.00 respectively. The current market cap of the company is Rs. 40650.97 crore.

The promoters holding in the company stood at 72.71%, while Institutions and Non-Institutions held 21.78% and 5.51% respectively.

United Breweries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported 68.42% rise in its net profit at Rs 162.96 crore for the quarter under review as compared to Rs 96.76 crore for the same quarter in the previous year. Total income of the company increased marginally by 1.29% at Rs 3675.38 crore for Q4FY22 as compared Rs 3628.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 67.93% rise in its net profit at Rs 163.78 crore for the quarter under review as compared to Rs 97.53 crore for the same quarter in the previous year. Total income of the company increased marginally by 1.32% at Rs 3677.76 crore for Q4FY22 as compared Rs 3629.75 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported over 3-fold jump in its net profit at Rs 365.01 crore as compared to Rs 112.85 crore for the previous year. Total income of the company increased by 28.47% at Rs 13,147.07 crore for year under review as compared to Rs 10,233.60 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 366.08 crore as compared to Rs 113.83 crore for the previous year. Total income of the company increased by 28.50% at Rs 13,153.71 crore for year under review as compared to Rs 10,236.01 crore for year ended March 31, 2021.