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United Breweries (Holdings) Q1 net dips 76%

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Press Trust of India New Delhi

United Breweries (Holdings) today said its net profit declined by 75.80% to Rs 1.88 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 7.77 crore for the same period last fiscal, United Breweries (Holdings) said in a filing to Bombay Stock Exchange (BSE).

The company's net sales rose to Rs 70.03 crore for the first quarter, as against Rs 57.76 crore in the same period previous fiscal.

Shares of United Breweries (Holdings) today closed at Rs 130 on the BSE, down 2% from the previous close.

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First Published: Aug 02 2011 | 8:02 PM IST

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