UB Holdings net down 83%

United Breweries (Holdings) Ltd has announced its standalone unaudited results for the quarter and year ended March 31, 2012. According to a filing by the company with the BSE, net profits fell by over 83 per cent, from Rs 12.88 crore in the quarter ended March 31, 2011, to Rs 2.1 crore for the quarter ended March 31, 2012. Revenues fell by around 2.6 per cent, from Rs 116.75 crore in the quarter ended March 31, 2011, to Rs 113.7 for the same quarter this fiscal. The earnings per share fell from Rs 1.93 to Rs 0.31. Liquor contributed Rs 49.45 crore, which accounted for over 43 per cent of the turnover.