G M Breweries Ltd Share Price – NSE /  BSE

Alcoholic Beverages, Small Cap

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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Net profit of G M Breweries rose 25.26% to Rs 24.94 crore in the quarter ended June 2024 as against Rs 19.91 crore during the previous quarter ended June 2023. Sales rose 3.77% to Rs 152.40 crore in the quarter ended June 2024 as against Rs 146.86 crore during the previous quarter ended June 2023.

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Remedium Lifecare Ltd, Pondy Oxides & Chemicals Ltd, Refex Industries Ltd and Indo Borax & Chemicals Ltd are among the other gainers in the BSE's 'B' group today, 02 July 2024.

G M Breweries Ltd surged 20.00% to Rs 796.05 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 81889 shares were traded on the counter so far as against the average daily volumes of 7017 shares in the past one month.

Remedium Lifecare Ltd soared 19.28% to Rs 86.05. The stock was the second biggest gainer in 'B' group. On the BSE, 36.23 lakh shares were traded on the counter so far as against the average daily volumes of 8.4 lakh shares in the past one month.

Pondy Oxides & Chemicals Ltd spiked 16.94% to Rs 994.5. The stock was the third biggest gainer in 'B' group. On the BSE, 62298 shares were traded on the counter so far as against the average daily volumes of 16167 shares in the past one month.

Refex Industries Ltd spurt 16.05% to Rs 216.55. The stock was the fourth biggest gainer in 'B' group. On the BSE, 9.33 lakh shares were traded on the counter so far as against the average daily volumes of 1.98 lakh shares in the past one month.

Indo Borax & Chemicals Ltd exploded 15.06% to Rs 201.7. The stock was the fifth biggest gainer in 'B' group. On the BSE, 80673 shares were traded on the counter so far as against the average daily volumes of 15646 shares in the past one month.

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G M Breweries will hold a meeting of the Board of Directors of the Company on 9 July 2024.

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