United Breweries Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting

United Breweries has announced a board meeting on the approval of audited financial results for FY25. Consolidated net sales rose 10% YoY to ₹1,940 Cr, led by a 9% Q4 growth driven by 5% volume growth and a strong 24% surge in the premium segment (Kingfisher Ultra, Ultra Max, Heineken Silver). Gross margin improved 44 bps to 43%, supporting 15% EBIT growth despite increased brand and supply chain investments. Capex increased to ₹254 Cr (+₹64 Cr YoY) targeting commercial and supply chain enhancements. A dividend of ₹10/share has been proposed, reflecting a balance between rewarding shareholders and funding growth.