United Breweries reports Q4 net profit at Rs 48.13 crore

Liquor firm United Breweries Ltd (UBL) today reported a standalone net profit of Rs 48.13 crore for the quarter ended March 31…

United Breweries
Shares of United Breweries Holdings Ltd were trading at Rs 20.85 in mid-day trade, down 8.15 per cent from previous close on BSE. (Source: UBL)

Liquor firm United Breweries Ltd (UBL) today reported a standalone net profit of Rs 48.13 crore for the quarter ended March 31, 2015.

It had posted a net profit of Rs 67.71 crore in the January-March quarter of 2013-14, the company said in a filing to the BSE.

The company’s net sales on a standalone basis, during the quarter under review, stood at Rs 1,045.23 crore. It was Rs 973.90 crore in the corresponding period of previous fiscal.

For the full financial year 2014-15, UBL’s consolidated net profit was Rs 259.84 crore. It had reported a net profit of Rs 226.02 crore for the previous fiscal.

Net sales on a consolidated basis during 2014-15 fiscal was Rs 4,175.32 crore. It was Rs 3,787.60 crore a year ago.

Meanwhile, in a separate filing, UBL has informed that its Board has recommended a dividend of Re 1 per equity share for the financial year ended March 31, 2015.

It has also approved payment of 3 per cent dividend on Cumulative Redeemable Preference Shares to Scottish & Newcastle India Limited.

UBL shares today closed 1.19 per cent down at Rs 951.85 per scrip on the BSE.

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