The Economic Times

Kingfisher maker United Breweries cuts West Asia crisis impact estimate to 350-400 crore

United Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments in twenty-two states have significantly mitigated the challenges posed by increasing input and supply-chain costs. Despite successfully executing most of its recovery strategies, the volatility stemming from the West Asia situation remains pronounced, making it too soon to claim that the peak of cost pressures has been reached.