Heineken's United Breweries halts beer sales in Indian state

Heineken's United Breweries halts beer sales in Indian state over pricing
By Rishika Sadam, Nandan Mandayam and Indranil Sarkar HYDERABAD/BENGALURU (Reuters) -Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises,
United Breweries May See Profitability Pressure After Telangana Supply Halt: Kotak
The suspension of supply to Telangana could meaningfully impact near-term earning, given operational deleverage. But United Breweries’ ask is reasonable, Kotak said.
United Breweries Suspends Beer Supply Over Pricing Conflict
United Breweries Ltd has halted beer supply to Telangana Beverages Corporation Ltd due to a longstanding issue over unrevised pricing since 2019-20, leading to substantial losses. Additionally, unpaid dues from the corporation have contributed to making the supply financially unfeasible.
United Breweries slumps nearly 7% on halting beer supply to Telangana Beverages Corp
United Breweries said the unpaid dues by Telangana Beverages Corp had made the continued supply of the company's beer to the state-owned beverage firm "unviable."
United Breweries Shares Plunge 7% On Suspending Beer Supply To Telangana Beverages Corp
TGBCL's failure to revise the basic price of the company’s beer since fiscal 2020 is one of the reasons behind the suspension, United Breweries said.
United Breweries 'bold' suspension of beer supply in Telangana could pay off in FY26: Kotak
Telangana contributes 18% to United Breweries' volumes and 15% to its revenues. United Breweries has suspended beer supplies to Telangana Beverages Corporation Limited (TGBCL), the state-owned sole distributor, citing two key issues: no upward revision in base prices since FY20 despite rising costs, leading to EBIT losses, and overdue receivables.
Crisis Brewing: Telangana’s Beer Industry Faces Price Stalemate
The beer supply crisis in Telangana escalates as United Breweries and other industry leaders face unsustainable prices set by the state. The prices, outdated since 2018-19, have led to substantial losses and unpaid dues.
United Breweries slumps nearly 7% on halting beer supply in Telangana
United Breweries said the unpaid dues by Telangana Beverages Corp had made the continued supply of the company's beer to the state-owned beverage firm "unviable."
United Breweries stops beer supply to Telangana; stock slumps nearly 7%
United Breweries Ltd (UBL), the maker of Kingfisher beer, announced on Wednesday that it has suspended the supply of its beer to Telangana Beverages Corporation Limited (TGBCL), the state's sole distributor of alcohol.
Heineken-controlled United Breweries halts beer supply in India's Telangana state
United Breweries said on Wednesday that it has suspended supplying beer to a state-run corporation in the southern Indian state of Telangana, which will halt sales of popular beer brands such as Heineken and Kingfisher in one of the country's top liquor-selling states.
Heineken’s India Unit Stops Beer Sales to Key State, Shares Drop
Heineken NV’s Indian unit suspended supply of beer to the southern Indian state of Telangana, citing unprofitable prices and missed payments.
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