United Breweries reported a 23% increase in net profit to Rs. 1209.60 million for the first quarter of FY2014, with net sales rising 10.89% and net profit margin improving to 8.90%. Equity capital for the period stood at Rs. 264.40 million. The company's stock closed 4.86% lower at Rs. 721.00 per share with trading volumes of 80145 shares on BSE and 202433 shares on NSE, as market indices fell around 4%.

1. United Breweries Net grows 23% in Q1FY14
United Breweries Ltd
16-Aug-2013 | QuarterlyResult as on30-Jun-2013
For the period the United Breweries Ltd reported Net Sales of Rs 13592.60 million and Net Profit of Rs 1209.60 million. While Net Sales rose
by10.89%, Net Profit grown by22.63% and therebyNPMimproved to 8.90% as compared to 8.05% during same period previous FY. Equity
Capital for the period under consideration stands at Rs 264.40 million.
The stock of the United Breweries Ltd at BSE opened at 756.00 touched a high 779.00 and low 702.00 before closing at 721.00 losing 4.86%
over previous close. The trading volume for the stock at BSEstood at 80145 shares and at NSEstood at 202433 shares.
BSE NSE
The S&PBSESensexclosed todayat 18598.18 (3.97%loss) and CNXNiftyclosed at 5507.85 (4.08%loss).
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