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G M Breweries Rises After Q1 PAT Jumps 39% YoY

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The Profit before tax of G M Breweries in the first quarter of the Fiscal year 2023 has stood at Rs 21.59 crore, which raised by 38.8 per cent from Rs 15.56 crore updated in the same period of FY 2021-22

Total expenses had soared 106 per cent yearly (YoY) to Rs 531.18 crore on 30 June 2022. Raw material costs surged by 133.8 per cent to Rs 110.91 crore in Q1 FY23 from Rs 47.44 crore in Q1 FY22.

G M Breweries manufactures and markets alcoholic beverages such as country liquor (CL) and Indian-made foreign liquor (IMFL). Maharashtra is the largest manufacturer of liquor with a sizable market share.

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