United Breweries surges despite reporting 20% fall in Q2 consolidated net profit
United Breweries is currently trading at Rs. 1609.00, up by 42.25 points or 2.70 % from its previous closing of Rs. 1566.75 on the BSE.
The scrip opened at Rs. 1609.15 and has touched a high and low of Rs. 1634.40 and Rs. 1585.50 respectively. So far 114376 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1805.00 on 13-Dec-2022 and a 52 week low of Rs. 1342.25 on 05-May-2023.
Last one week high and low of the scrip stood at Rs. 1634.40 and Rs. 1541.25 respectively. The current market cap of the company is Rs. 42489.91 crore.
The promoters holding in the company stood at 70.99%, while Institutions and Non-Institutions held 23.84% and 5.18% respectively.
United Breweries has reported 19.80% fall in its net profit at Rs 107.62 crore for second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 134.19 crore for the same quarter in the previous year. However, total income of the company increased by 14.06% at Rs 4,203.06 crore for Q2FY24 as compared Rs 3,685.06 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.09% fall in its net profit at Rs 107.17 crore for Q2FY24 as compared to Rs 134.12 crore for the same quarter in the previous year. However, total income of the company increased by 14.03% at Rs 4,204.95 crore for Q2FY24 as compared Rs 3,687.67 crore for the corresponding quarter previous year.