United Breweries Limited (UBL) has reported that its net profit grew by 247 percent at Rs93.84 crore during Jul-Sep 2017 compared to Rs27.05 crore in Jul-Sep 2016 owing to volume growth in most of the large markets except for Kerala, Maharashtra and West Bengal. The company's total income rose by 24.5 percent to Rs2,739 crore from Rs2,200 crore on account of price increases, beer exports, and decline in finance costs. UBL's volumes grew by 11 percent against the industry's growth of five percent. Its operating profit also rose by 72 percent to Rs171.59 crore.
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