What was the revenue that United Breweries has been able to make in Q4?
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United Breweries in Q4FY24 saw a revenue of ₹4,788.68 Crore, up from ₹4081.01 Crore in Q4FY23
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Q4FY24 has proven to be an immensely profitable quarter for United Breweries. With 8x growth in net profit from ₹9.87 Crore to ₹81.55 Crore, and revenue of ₹4,788.68 Crore, up by 17.3% from Q4FY23, the company has come a long way this FY24. The company’s Board of Directors also proposed a dividend of ₹10 per share.
Quarter four of FY24 has contributed amazingly to United Breweries’ growth trajectory. Here are some of the main highlights from United Breweries Q4 Results:
Additional Read: United Breweries Share Price
Q4FY24 has been one of the most profitable quarters for the company this financial year. Not only has the company’s numbers seen an immense amount of growth but so has its portfolio. With the company’s revenue at ₹4,788.68 Crore, up from ₹4081.01 Crore in Q4FY23 and its revenue for FY24 at ₹18,379.53 Crore up from ₹16,651.09 Crore YoY, one can see the kind of growth the company has achieved, to add to this, the company also saw a net profit for Q4FY24 at ₹81.55 Crore up from ₹9.87 Crore in Q4FY23 and a net profit for FY24 at ₹410.86 Crore from ₹304.68 Crore in YoY. United Breweries also saw a growth of 8% in its full-year net sales which led to a strong EBIT growth of 23%. The company’s volume also increased in Q4 by 10.9% because of demand in the South and East regions. United Breweries’ premium segment grew by 21% in the quarter also introduced London Pilsner Strong Beer in Karnataka, aimed to cater to the discerning taste of Karnataka's consumers. With all this in mind, the company’s Board of Directors also recommended a dividend of ₹10 per share.
Additional Read: Dr. Reddy’s Laboratories Q4 Results
Metrics | For Quarter Ended | For Year Ended | |||
Q4FY24 | Q3FY24 | Q4FY23 | FY24 | FY23 | |
Revenue From Operations | 4788.68 | 4154.98 | 4081.01 | 18379.53 | 16651.09 |
PBT | 109.76 | 116.88 | 13.48 | 551.14 | 417.31 |
Profit for the period | 81.55 | 85.80 | 9.87 | 410.86 | 304.68 |
Total Comprehensive income for the period | 80.15 | 85.05 | 13.05 | 412.59 | 308.10 |
Having achieved incredible growth in Q4FY24, United Breweries is looking forward to FY25 and the new quarter. After experiencing considerable growth of 8% in its full-year net sales which led to a strong EBIT growth of 23% the company also saw its volume increase in Q4 by 10.9% because of demand in the South and East regions. Even with the slight volatility in the market, the company is making sure to have a positive outlook thanks to the increasing disposable income and the favorable demographics at play.
Additional Read: Marico Q4 Results
From starting out as 5 breweries in southern India in 1857 to 2024 with several supply chains established and demand that keeps growing, United Breweries has witnessed huge growth across all its verticals. With new product launches and collaborations under its wings, an increase in sales revenue and growth in its supply volume, the company’s growth trajectory seems to be headed in the right direction. United Breweries’ Board of Directors have also recommended a dividend of ₹10 per share.
Results for the Fourth Quarter Ended March 31, 2024
Sources:
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United Breweries in Q4FY24 saw a revenue of ₹4,788.68 Crore, up from ₹4081.01 Crore in Q4FY23
After experiencing considerable growth of 8% in its full-year net sales which led to a strong EBIT growth of 23% the company also saw its volume increase in Q4 by 10.9% because of demand in the South and East regions. Even with the slight volatility in the market, the company is making sure to have a positive outlook thanks to the increasing disposable income and the favorable demographics at play
United Breweries has seen a tremendous and positive jump in its number both this quarter and in FY24. But other than that, it has also seen many new business updates. Here is a list of some of them:
Q4 volumes up by 11% driven by strong underlying demand
Price increases in multiple markets incl. Rajasthan, Karnataka & Andhra Pradesh
New standard for Pilsner beer launch in Karnataka.
The company saw continued volume momentum in Q4 with volumes up by 10.9% and premiums growing ahead of the total portfolio
The premium segment grew by 21% in the quarter.
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