)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
United Breweries (532478) investor relations material
United Breweries Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 25/26 earnings summary30 Oct, 2025
Executive summary
Q2 FY26 saw a 3% decline in net sales and volumes, mainly due to adverse weather and affordability issues, but premium segment volumes grew 17%, outpacing the market and driving significant market share gains.
H1 FY26 net sales increased 7% year-over-year, with premium volume up 33% and total volume up 4%.
Profitability declined sharply in Q2, with EBIT down 55% and profit after tax down 64% year-over-year, reflecting operating deleverage and higher brand investments.
Brand investments increased over 20% year-over-year, supporting long-term brand equity despite short-term profitability pressures.
Financial highlights
Q2 FY26 net sales: ₹2,051 Cr, down 3% year-over-year; H1 FY26 net sales: ₹4,914 Cr, up 7%.
Q2 FY26 gross margin: 42.8% (down 104 bps YoY); H1 FY26 gross margin: 42.6% (down 76 bps YoY).
Q2 FY26 EBITDA: ₹145 Cr (down 39%); H1 FY26 EBITDA: ₹467 Cr (down 12%).
Q2 FY26 profit after tax: ₹47 Cr (down 64%); H1 FY26 profit after tax: ₹231 Cr (down 25%).
Q2 FY26 EBIT down 55% YoY; H1 FY26 EBIT down 18% YoY.
Outlook and guidance
Management remains optimistic about long-term industry growth, citing rising disposable income, favorable demographics, and premiumization.
Focus on growing the premium segment, driving category growth, and accelerating productivity and operational excellence.
Continued emphasis on revenue management, cost initiatives, and brand investments to support margin accretion.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next United Breweries earnings date
Q3 202613 Feb, 2026
Next United Breweries earnings date
Q3 202613 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
United Breweries Limited is a prominent player in the brewing industry, primarily engaged in the production and distribution of alcoholic beverages. The company offers a diverse portfolio of beer brands, catering to a wide range of consumer preferences. United Breweries operates through several well-known labels, serving various market segments. The company has established a strong presence in the hospitality and retail sectors, providing its products to bars, restaurants, and retail outlets across numerous regions. The company is headquartered in Bengaluru, Karnataka, and its shares are listed on the NSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage