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The Quarter story
The two most recent quarterly results, compared side-by-side.
Beer drives revenue recovery while consolidated profits and volumes stabilize after a sharp mid-year drop.
Beer revenue share rises from 90.6% in Q1 FY26 to 93.29% in Q1 FY27 — beer now carries nearly all company sales.
Consolidated total income falls from ₹5,301 Cr in Q1 FY26 to ₹268.8 Cr in Q1 FY27 — sales have contracted significantly.
Beer volume share climbs from 95.5% in Q1 FY26 to 98.90% in Q1 FY27 — the segment dominates overall production.
Gross profit drops from ₹1,900 Cr in Q1 FY26 to ₹76.1 Cr in Q1 FY27 — core earnings are under severe pressure.
IMFL realization per case increases from ₹1,016 in Q1 FY26 to ₹1,047 in Q1 FY27 — premium pricing remains stable despite low sales.
Gross debt rises from ₹1,990 Cr in Q1 FY26 to ₹2,110 Cr in Q4 FY26 — borrowing levels are increasing.
IMFL volume plummets from 4.0 cases in Q1 FY26 to 0.51 cases in Q1 FY27 — demand for this segment has dried up.
Consolidated volume declines from 88.6 cases in Q1 FY26 to 45.79 cases in Q1 FY27 — overall production remains below peak levels.