UBL Q3 profit jumps over two-fold

NEW DELHI: United Breweries Ltd (UBL) on Thursday reported an over twofold increase in standalone profit to Rs 109.17 crore for the December 2018 quarter, on volume growth, higher realisations and cost control. It had posted a profit of Rs 47.38 crore during the corresponding period of the previous fiscal. Total income during the third quarter of the current financial year stood at Rs 3,190.5 crore, up 22.19 per cent, as compared with Rs 2,610.9 crore in the year-ago quarter, UBL said in a regulatory filing.