Dutch brewing major Heineken NV, which owns United Breweries Ltd (UBL), on Wednesday said its India beer volume saw a “mid-single-digit” decline in the September quarter on account of unusually heavy rains in parts of the country during monsoon.
However, its organic net revenue grew in “mid-single-digit”, largely supported by price hikes in some of the key states, along with a portfolio mix.
“In India, organic net revenue (beia) grew by a mid-single-digit, while beer volume fell by a mid-single-digit, impacted by an unusually strong monsoon season. We outperformed the market. Price-mix expanded by a high single digit, supported by pricing in key states and portfolio mix,” said Heineken in its earnings statement.
Its volume in the premium beer segment — generally above Rs 125 per pint — “grew in the low teens” led by Ultra Max from the portfolio of the home-grown brand Kingfisher and launch of Amstel Grande during the quarter.
In 2025, many states saw higher than normal rainfall i
