Mumbai, Oct. 30 -- Revenue from operations (excluding excise duty) fell 3.02% YoY to Rs 2,052.83 crore in the September 2025 quarter.

Profit before tax (PBT) dropped 63.09% to Rs 65.80 crore in Q2 FY26, compared with Rs 178.28 crore posted in the same quarter the previous year.

United Breweries faced headwinds in Q2 FY26 due to a stronger-than-usual monsoon and a subdued beer market; however, the company gained market share on a sell-out basis. Overall sell-in volumes declined 3%, while the premium segment recorded 17% growth, continuing to outperform the broader market. Net sales in Q2 fell 3%, as lower volumes and a mid-single-digit price-mix improvement were offset by adverse state- and source-mix effects, taking year-to-date net sal...