Heineken’s India operations recorded modest, low single digit revenue growth in the March quarter of 2026. While the overall picture stayed muted, premium beer delivered strong gains, reflecting the company’s push to expand its premium portfolio. It also introduced a new variant aimed at mainstream drinkers, though updated accounting policies muddled volume reporting.
Heineken-owned UB Group said it will suspend beer supplies to Telangana, citing significant and ongoing operating losses. The move comes as the state’s dues are reported at about INR 3,900 crore, with talks ongoing. ET Prime examines how the supply halt could ripple through prices, retailers, and the broader beer market in one of India’s biggest consumption hubs.
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