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GM Breweries Shares Drop 4% on Margin Slump Despite Revenue and Profit Growth
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CNBC TV18•08-10-2026, 12:47
GM Breweries Shares Drop 4% on Margin Slump Despite Revenue and Profit Growth
- •GM Breweries shares fell 4.1% to trade at ₹944.1 following the release of its Q2 results.
- •Net profit for the quarter ending September rose 12.3% year-on-year to ₹39.3 crore from ₹35 crore.
- •Revenue increased by 18.2% to ₹214 crore compared to ₹181 crore in the corresponding period last year.
- •EBITDA grew 12% to ₹50.3 crore, but EBITDA margins declined by over 250 basis points to 23.5%.
Key Questions Answered
For the quarter that concluded in September, GM Breweries reported a 12.3% rise in net profit to ₹39.3 crore, while its revenue increased by 18.2% to ₹214 crore compared to the same period last year.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 12% year-on-year to ₹50.3 crore, but EBITDA margins declined by over 250 basis points down to 23.5% from 25% in the year-ago period.
Shares of GM Breweries fell sharply after turning negative from earlier gains, trading 4.1% lower at ₹944.1 following the results announcement, bringing its year-to-date decline to 22%.
