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GM Breweries Ltd Q1FY24; 25% rise in Profits

GM Breweries Ltd, set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL).


Financial Results:

  • G M Breweries Ltd reported Revenues for Q1FY24 of ₹147.00 Crores up from ₹142.00 Crore year on year, a rise of 3.52%.
  • Total Expenses for Q1FY24 of ₹122.00 Crores down from ₹122.00 Crores.
  • Consolidated Net Profit of ₹20.00 Crores up 25.0% from ₹16.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹10.89, up 23.19% from ₹8.84 in the same quarter of the previous year.
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