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GM Breweries reports 51.38% fall in Q3 net profit

04 Jan 2013 Evaluate

GM Breweries has reported results for third quarter ended December 31, 2012.

The company has reported 51.38% fall in its net profit at Rs 2.12 crore for the quarter as compared to Rs 4.36 crore for the same quarter in the previous year. However, total income of the company has increased by 10.34% at Rs 75.85 crore for quarter under review as compared to Rs 68.74 crore for the quarter ended December 31, 2011.

GM Breweries is engaged in the manufacture of alcoholic liquor. It blends and bottles alcoholic liquor and concentrates more on country liquor. It has its manufacturing unit in Thane district of Maharashtra with installed capacities of 82.6 million bulk liters of country liquor and 12.4 million bulk liters of Indian made foreign liquor.

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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