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Globus Spirits Ltd Q1FY24; 5% rise in Profits

Globus Spirits Limited, established in 1992 is primarily engaged in the business of manufacture and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol hand sanitizer, and Franchise Bottling. It has a unique 360⁰ model straddling across the entire alcohol value chain. It is the 1st to set up a grain distillery and launch branded DDGS in India.


Financial Results:

  • Globus Spirits Ltd reported Revenues for Q1FY24 of ₹570.00 Crores up from ₹495.00 Crore year on year, a rise of 15.15%.
  • Total Expenses for Q1FY24 of ₹520.00 Crores up from ₹441.00 Crores year on year, a rise of 17.91%.
  • Consolidated Net Profit of ₹39.00 Crores up 5.41% from ₹37.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹13.46, up 4.02% from ₹12.94 in the same quarter of the previous year.
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