Heineken NV, the promoter group of locally-listed United Breweries, said on Wednesday its India business reported organic net revenue growth in the low-teens for the quarter ended March 2025.
While growth remained positive, Heineken said its India business lagged the broader beer market due to a temporary halt in supply in one of the company’s largest states, aimed at ensuring a sustainable long-term business model. The company did not name the state in the release.
Despite the supply disruption, the business continued to gain ground in the premium beer segment, which grew in the twenties during the quarter. The growth was driven by strong demand for brands such as Heineken® Silver, Kingfisher Ultra, and Kingfisher Ultra Max.
While growth remained positive, Heineken said its India business lagged the broader beer market due to a temporary halt in supply in one of the company’s largest states, aimed at ensuring a sustainable long-term business model. The company did not name the state in the release.
Despite the supply disruption, the business continued to gain ground in the premium beer segment, which grew in the twenties during the quarter. The growth was driven by strong demand for brands such as Heineken® Silver, Kingfisher Ultra, and Kingfisher Ultra Max.
First Published: Apr 16, 2025 2:13 PM IST
