Quarterly Updates23 Apr 2026, 06:21 pm
UBL India Q4: Net Revenue Low-Single-Digit, Volume Mid-Single-Digit Growth
AI Summary
Heineken N.V., a promoter group of United Breweries Limited, released its Q4 January-March 2026 trading update for India operations. The report indicates that UBL's net revenue in India grew by a low-single-digit percentage. Total volume, which now includes contract brewing volume classified as licensed volume, saw a mid-single-digit increase. The premium segment demonstrated robust performance, achieving mid-teen growth, primarily driven by Kingfisher Ultra. Additionally, United Breweries launched Kingfisher Smooth, a new lower bitterness beer, aimed at strengthening Kingfisher's dominant position in the mainstream segment.
Key Highlights
- UBL India's net revenue grew by a low-single-digit in Q4 2026.
- Total volume, including licensed volume, increased by a mid-single digit.
- Premium segment showed strong mid-teen growth, led by Kingfisher Ultra.
- Kingfisher Smooth was launched to reinforce mainstream segment leadership.