G M Breweries Ltd Share Price – NSE /  BSE

Alcoholic Beverages, Small Cap

Revenue from operations (excluding excise duty) shed by 1.69% year on year to Rs 149 crore in the quarter ended 30 September 2024.

As compared to Q1 FY25, the company's net profit decreased by 13.11% and revenue fell by 2.23% in Q2 FY25.

Profit before tax stood at Rs 28.97 crore in the quarter ended 30 September 2024, down 1.69% as against Rs 29.47 crore recorded in Q2 FY24.

Total expenses increased 0.63% to Rs 569.84 crore in Q2 FY25 as compared with Rs 566.29 crore in Q2 FY24. Raw material consumed stood at Rs 107.30 crore (down 4.26% YoY), employee benefit expenses was at Rs 2.59 crore (up 1.57% YoY) during the period under review.

On half-year basis, the company's net profit rose 10.24% to Rs 46.61 crore on 1% increase in revenue to Rs 30,140 crore in H1 FY25 over H1 FY24.

G M Breweries is engaged in the activities of manufacturing and marketing of alcoholic beverages such as country liquor (CL) and Indian made foreign liquor (IMFL). The company is the largest manufacturer of country liquor in the state of Maharashtra with a sizeable market share.

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Net profit of G M Breweries declined 3.13% to Rs 21.67 crore in the quarter ended September 2024 as against Rs 22.37 crore during the previous quarter ended September 2023. Sales declined 1.70% to Rs 149.00 crore in the quarter ended September 2024 as against Rs 151.57 crore during the previous quarter ended September 2023.

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G M Breweries will hold a meeting of the Board of Directors of the Company on 10 October 2024.

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Net revenue from operations increased by 4% year-over-year (YoY) to Rs 142.40 crore for the June 2024 quarter.

Profit before tax in Q1 FY25 stood at Rs 33.32 crore, up by 25% from Rs 26.61 crore in Q1 FY24. Tax outgo for the period under review was Rs 8.38 crore, up 25% YoY.

G M Breweries is engaged in the activities of manufacturing and marketing of alcoholic beverages such as country liquor (CL) and Indian made foreign liquor (IMFL). The company is the largest manufacturer of country liquor in the state of Maharashtra with a sizeable market share.

The scrip fell 1.90% to end at Rs 889.80 on the BSE today.

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