Moneycontrol
Last Updated : Jan 03, 2018 02:03 PM IST | Source: CNBC-TV18

Expect to outperform industry growth rate of 6-7%: United Breweries

In an interview with CNBC-TV18, Shekhar Ramamurthy, MD of United Breweries discussed how Q3 is panning out for them.

CNBC TV18 @moneycontrolcom

In an interview with CNBC-TV18, Shekhar Ramamurthy, MD of United Breweries discussed how Q3 is panning out for them.

We anticipate volume growth of mid-single digit – 6-7 percent - for the industry and we will grow ahead of that. Andhra Pradesh and Telangana are showing double-digit growth. We are hopeful of putting all the headwinds for the liquor industry behind us, he said.

We hope 2018-2019 fiscal will be positive. We don’t anticipate any significant headwinds. We do see healthy growth going forward, he added.

According to him, the company will see a muted Q3 due to excise hike and delayed clarification on same in Maharashtra.

For full interview, watch accompanying video...
First Published on Jan 3, 2018 02:03 pm

tags #Business

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