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GM Breweries reports 41% jump in Q2 net profit

11 Oct 2017 Evaluate

GM Breweries has reported results for second quarter ended September 30, 2017.

The company has reported a jump of 41.46% in its net profit at Rs 15.73 crore for the quarter under review as compared to Rs 11.12 crore for the same quarter in the previous year. Total income of the company increased by 22.82% at Rs 385.28 crore for Q2FY18 as compared Rs 313.70 crore for the corresponding quarter previous year.

GM Breweries is engaged in the manufacturing of alcoholic liquor. The company is engaged in the business of manufacturing and sales of country liquor (CL) and Indian made foreign liquor (IMFL).

Peers
Company Name CMP
United Spirits 1411.20
United Breweries 1217.60
Radico Khaitan 4483.95
India Glycols 297.25
Allied Blenders&Dist 722.80
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