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United Breweries reports 25% fall in Q4 net profit

United Breweries has reported results for the fourth quarter and year ended March 31, 2019.

The company has reported a fall of 25.26% in its net profit at Rs 67.92 crore for the quarter ended March 31, 2019 as compared to Rs 90.88 crore for the same quarter in the previous year. However, total income of the company increased by 5.84% at Rs 3,469.30 crore for quarter under review as compared to Rs 3,277.85 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 42.84% in its net profit at Rs 562.78 crore as compared to Rs 393.99 crore for the previous year. Total income of company increased 13.79% at Rs 14,168.52 crore for year under review as compared to Rs 12,451.29 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 42.74% in its net profit at Rs 563.31 crore as compared to Rs 394.63 crore for the previous year. Total income of company increased by 13.89% at Rs 14,171.83 crore for year under review as compared to Rs 12,443.75 crore for year ended March 31, 2018.

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