Heineken's United Breweries halts beer sales in Indian state

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
By Rishika Sadam, Nandan Mandayam and Indranil Sarkar HYDERABAD/BENGALURU (Reuters) -Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises,
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 Shares Plunge 7% On Suspending Beer Supply To Telangana Beverages Corp
TGBCL's failure to revise the basic price of the company’s beer since fiscal 2020 is one of the reasons behind the suspension, United Breweries said.
United Breweries suspends beer supply to Telangana Beverages Corporation with immediate effect
The decision has been taken due to the non-revision of the basic price of the company's beer from 2019-20 by Telangana Beverages Corporation, resulting in huge losses in the state
United Breweries slumps nearly 7% on halting beer supply in Telangana
United Breweries said the unpaid dues by Telangana Beverages Corp had made the continued supply of the company's beer to the state-owned beverage firm "unviable."
United Breweries Suspends Beer Supply Over Pricing Conflict
United Breweries Ltd has halted beer supply to Telangana Beverages Corporation Ltd due to a longstanding issue over unrevised pricing since 2019-20, leading to substantial losses. Additionally, unpaid dues from the corporation have contributed to making the supply financially unfeasible.
United Breweries Halts Kingfisher Beer Supply to Telangana
United Breweries, the manufacturer of Kingfisher beer, has announced a decision to halt the supply of its products to Telangana
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 slumps nearly 7% on halting beer supply to Telangana Beverages Corp
United Breweries said the unpaid dues by Telangana Beverages Corp had made the continued supply of the company's beer to the state-owned beverage firm "unviable."
Kingfisher beer off shelves in Telangana as beer maker United Breweries halts supply
Kingfisher beer will not be avaialble in Telangana now, as the beer maker United Breweries has suspended supply to the Telangana Beverages Corporation Ltd
ET Now on MSN19h
Rs 400 cr demand by Diageo, Pernod Ricard and Carlsberg - Will THIS state pay? What’s the matter
United Breweries, India's biggest beer maker, had earlier said it has suspended supplies to Telangana Beverages Corporation ...
retail.economictimes.indiatimes5h
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 ...