United Breweries shares soar 15% as Q2 profit triples - Check Q2 results 2026 highlights for Heineken, Kingfisher maker
United Breweries moved higher in a quarterly results development.
· LiveMint Markets
United Breweries shares surged 15% after its September-quarter net profit nearly tripled year on year to ₹134.81 crore. Revenue rose 24%, while EBITDA increased 108%, supported by volume growth, premiumisation and cost efficiencies.
The analysis
United Breweries reported ₹134.81 crore, with movement of 15%, 24% and 108% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.0% on the day at ₹1,180.30, and has returned -17.8% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -10.7% over the same period, so United Breweries is running 7.1 points behind its peers.
For United Breweries, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: United Breweries (UBL), in FMCG.
- Over three months: United Breweries -17.8% against FMCG -10.7% (7.1 points behind).
- At least 25% below the 52-week high: United Breweries (35%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| United BreweriesUBL · FMCG | ₹1,180.30 | -1.0% | +1.9% | -17.8% | -35.0% | 0.6× | — |
FMCG
1M -4.9% · 3M -10.7%
United Breweries
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Q2 Results Live: Varun Beverages Q3 Net Profit Rises 14% YoY; Reliance Slips, Sun Pharma Gains Ahead Of Earnings
Why is VBL down 5% despite Q3 PAT jumps on double-digit volume growth?
Godrej Consumer Q2 Review: Brokerages Flag Margin Pressure Despite Strong Volume Growth
Godrej Consumer Shares Fall Nearly 4% After Q2 Results As Margins Come Under Pressure
Sensex, Nifty rise over 1% as Q2 earnings, easing crude boost sentiment