Are United Breweries latest results good or bad?

United Breweries has reported its financial results for the quarter ending March 2025, highlighting a complex operational landscape. The company's Profit Before Tax (PBT) is recorded at Rs 124.06 crore, which reflects a decline of 10.5% compared to the average PBT of Rs 138.55 crore over the last four quarters. Similarly, the Profit After Tax (PAT) stands at Rs 97.57 crore, marking an 11.6% decrease from the average PAT of Rs 110.38 crore in the previous four quarters. These figures suggest ongoing challenges in maintaining profitability.
On a more positive note, the company experienced a notable increase in Net Sales, which grew by 16.13% in the quarter ending March 2025 compared to the previous quarter. Additionally, the Consolidated Net Profit saw substantial growth of 154.09% from the previous quarter, indicating a significant recovery in this area. The Operating Profit (PBDIT) also demonstrated growth, increasing by 31.97%.

Despite these improvements in certain metrics, the overall financial performance indicates that United Breweries is navigating significant hurdles. Furthermore, the company saw an adjustment in its evaluation over the last three months, reflecting a shift in its financial standing. Overall, the results present a mixed picture, with both challenges and signs of recovery evident in the latest financial data.