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No more Kingfisher, Heineken beer in Telangana
Telangana rations beer to depots after United Breweries suspends supply
United Breweries Ltd has suspended beer supply to Telangana due to owed payments and low state prices. The Telangana Beverages Corporation Ltd and excise department have started rationing beer stocks to depots.
Kingfisher maker halts beer supply to Telangana over unpaid dues, low prices
United Breweries Limited (UBL), which manufactures and sells popular beer brands such as Kingfisher, Heineken, Amstel Bier and London Pilsner, has suspended bee
Dry days ahead? Beermaker stops Kingfisher, Heineken supply to Telangana amid standoff with govt
Nearly 20% of United Breweries' sales come from Telangana, making it one of its top markets & decision to stop sales will likely dent its topline growth, it is learnt.
Heineken-controlled United Breweries halts beer supply in India's Telangana state
United Breweries said on Wednesday that it has suspended supplying beer to a state-run corporation in the southern Indian state of Telangana, which will halt sales of popular beer brands such as Heineken and Kingfisher in one of the country's top liquor-selling states.
United Breweries 'bold' suspension of beer supply in Telangana could pay off in FY26: Kotak
Telangana contributes 18% to United Breweries' volumes and 15% to its revenues. United Breweries has suspended beer supplies to Telangana Beverages Corporation Limited (TGBCL), the state-owned sole distributor, citing two key issues: no upward revision in base prices since FY20 despite rising costs, leading to EBIT losses, and overdue receivables.
United Breweries May See Profitability Pressure After Telangana Supply Halt: Kotak
The suspension of supply to Telangana could meaningfully impact near-term earning, given operational deleverage. But United Breweries’ ask is reasonable, Kotak said.
Heineken's United Breweries halts beer sales in Indian state over pricing
India's United Breweries said on Wednesday that it has suspended supplying beer to Telangana Beverages Corp with immediate effect.
United Breweries stops beer supply to Telangana; stock slumps nearly 7%
United Breweries Ltd (UBL), the maker of Kingfisher beer, announced on Wednesday that it has suspended the supply of its beer to Telangana Beverages Corporation Limited (TGBCL), the state's sole distributor of alcohol.
United Breweries halts beer supply to Telangana over pricing disputes
Maker of Kingfisher beer, United Breweries saw a 4% share drop following its suspension of beer supply to Telangana Beverages Corporation Limited
No more Kingfisher, Heineken beer in Telangana as United Breweries suspend supply over pricing
Telangana is India's biggest beer-consuming state, with Kingfisher, including Kingfisher Strong, Kingfisher Ultra, and Kingfisher UltraMax, accounting for around 60 per cent of the total sales. Telangana accounts for around 15-20% of United Breweries’ beer sales and 10%-12% of the company's earnings.
Heineken-Controlled United Breweries Suspends Beer Supply To Telangana Over Operating Losses
United Breweries, the maker of popular beer brands such as Heineken and Kingfisher, announced on Wednesday that it has halted the supply of its beer to the Telangana Beverages Corporation Limited (TGBCL),
The Week
2h
Tipplers heartbroken as Kingfisher flies away from Telangana, ends sales
United Breweries has pulled out from Telangana due to differences over pricing with Telangana government. Wine shop owners ...
retail.economictimes.indiatimes
9h
Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAI
United Breweries and the Brewers Association of India (BAI) have raised concerns over the commercial viability of beer prices ...
money.rediff
23h
Telangana Beer Crisis: Rs 3,900 cr Dues Unpaid, Prices Below Cost
United Breweries suspends beer supply to Telangana due to unpaid dues of Rs 3,900 crore and beer prices set below production ...
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