Despite two years of efforts to address the issue, there has been no increase in the base prices of their products, leading to escalating losses that have rendered their operations in Telangana unviable.

United Breweries Limited (UBL) announced on Wednesday (January 8, 2024) that it has decided to halt beer supplies to the Telangana Beverages Corporation Limited (TGBCL) with immediate effect. The image is used for representative purposes only. | Photo Credit: Getty Images

Shares of the company went into a tailspin after it announced the suspension of its beer in the state. United Breweries’ stock tanked over 7 per cent to hit an intraday low of Rs 1920 apiece on BSE. The Rs 52,

United Breweries halts the supply of Kingfisher beers to Telangana due to significant operating losses. Despite efforts to increase prices, TGBCL’s failure to raise payments and delayed payments

Hyderabad: United Breweries, the maker of popular beer brands like Heineken and Kingfisher, announced on Wednesday that it has suspended the supply of beer to Telangana Beverages

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, 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),

United Breweries Ltd's shares fell over 7% after suspending beer supplies to TGBCL due to financial concerns and unpaid dues. The stock is currently trading 13% below its 52-week high, despite a 23% increase in net profit for Q2 FY25.