Highlights
- Revenue from operations increased 25.8% YoY to ₹802.90 crore from ₹638.01 crore.
- Total income rose 25.7% YoY to ₹808.45 crore from ₹643.14 crore.
- Profit before tax (PBT) climbed 45.9% YoY to ₹50.43 crore from ₹34.56 crore.
- Net profit increased 45.9% YoY to ₹37.74 crore from ₹25.86 crore.
- Basic and diluted EPS improved to ₹16.52 from ₹11.32 in the corresponding quarter last year.
G M Breweries Q1 Results
G M Breweries Limited reported its consolidated unaudited financial results for the quarter ended June 30, 2026, posting strong year-on-year growth in revenue and profitability. Higher sales, coupled with improved operating leverage, helped the company deliver a robust increase in profit before tax and net profit despite higher excise duties and input costs.
Financial Performance
For the quarter ended June 30, 2026, revenue from operations increased to ₹802.90 crore, compared with ₹638.01 crore in the corresponding quarter last year, registering a 25.8% year-on-year growth. Including other income of ₹5.55 crore, total income rose to ₹808.45 crore, up from ₹643.14 crore in Q1 FY26. Total expenses increased to ₹758.02 crore from ₹608.58 crore, primarily due to higher excise duty, VAT & TCS expenses, and increased raw material consumption. Despite the rise in costs, profit before tax (PBT) improved to ₹50.43 crore from ₹34.56 crore. After a tax expense of ₹12.69 crore, the company reported a net profit of ₹37.74 crore, compared with ₹25.86 crore in the year-ago quarter. Basic and diluted earnings per share (EPS) increased to ₹16.52 from ₹11.32.
Quarterly Performance
Compared with the March 2026 quarter, revenue from operations remained broadly stable at ₹802.90 crore, compared with ₹812.09 crore in the previous quarter. Total income declined marginally from ₹829.42 crore to ₹808.45 crore, largely due to lower other income. Profit before tax moderated from ₹68.12 crore to ₹50.43 crore, while net profit declined from ₹54.07 crore to ₹37.74 crore. Basic EPS also eased from ₹23.66 to ₹16.52, reflecting the lower sequential profitability.
What Investors Will Look At
Investors will closely monitor whether G M Breweries can sustain its strong sales momentum while protecting margins amid fluctuations in raw material prices and state excise policies. The company's ability to maintain healthy profitability despite rising excise-related costs and expand its market presence in the Indian Made Foreign Liquor (IMFL) and country liquor segments will remain key factors for future earnings growth.
Conclusion
G M Breweries delivered a strong Q1 FY27 performance, with 26% growth in revenue from operations and 46% growth in net profit over the previous year. The company benefited from higher sales and improved profitability, although earnings softened sequentially from the March quarter. Going forward, investors will watch demand trends, input costs, and regulatory developments that could influence margins in the alcoholic beverages industry.
FAQs
Q: What was G M Breweries' net profit in Q1 FY27?
A: G M Breweries reported a net profit of ₹37.74 crore, compared with ₹25.86 crore in the corresponding quarter of the previous year.
Q: How much revenue did G M Breweries generate in Q1 FY27?
A: The company reported revenue from operations of ₹802.90 crore, up from ₹638.01 crore in Q1 FY26.
Q: What was G M Breweries' EPS in the June 2026 quarter?
A: Basic and diluted EPS stood at ₹16.52, compared with ₹11.32 in the year-ago quarter.
Q: How did G M Breweries perform compared with the previous quarter?
A: Sequentially, revenue from operations declined slightly from ₹812.09 crore to ₹802.90 crore, while net profit decreased from ₹54.07 crore to ₹37.74 crore.
Q: What should investors watch after G M Breweries' Q1 FY27 results?
A: Investors will focus on sales growth, margin sustainability, raw material and excise cost trends, and the company's ability to maintain profitability amid changing regulatory and market conditions.