United Breweries' net revenues for Q2FY17 de-grew 3% YoY (down 34% QoQ) to | 1039 crore (I-direct estimate: | 1244 crore) Though industry volumes for the quarter de-grew 5%; volumes for UBL during the quarter remained flattish; indicating a market share gain (currently at 51% vs. earlier 50%). Complete ban in Bihar and strengthening competition in Karnataka and Haryana impacted the volumes. Growth in the south was mainly driven by AP and Telangana. However, Delhi and Haryana contributed volumes in north...