Globus Spirits Ltd delivered impressive Q1FY27 results with standalone net profit jumping 48.68% year-on-year to ₹27.55 crore from ₹18.53 crore in the corresponding quarter last year. According to reports from Business Standard, the company's revenue from operations increased 12.84% to ₹788.76 crore compared to ₹699.02 crore in the year-ago period. The strong performance was driven by revenue growth and improved operating efficiency across the business.
The company's operational metrics showed significant improvement during the quarter. As reported by Business Standard, EBITDA jumped 33% to ₹79.5 crore in Q1FY27 from ₹60 crore in Q1FY26, with EBITDA margin improving to 10% from 9% a year earlier. Profit before tax (PBT) increased 57.23% to ₹37.42 crore from ₹23.80 crore in the year-ago period. The EBITDA growth outpaced revenue growth, with total expenses rising 20.21% year-on-year to ₹1,116.13 crore during the quarter.
The company's premium segment showed exceptional performance during Q1FY27. According to Business Standard, revenue from the Prestige & Above segment surged 35% year-on-year to ₹35 crore, while sales volume grew 45% to 0.42 million cases. This strong growth in the premium segment contributed significantly to the overall revenue growth and margin expansion across the business.
Despite the strong financial performance, shares of Globus Spirits declined 5.62% to close at ₹931.80 on the BSE after the company announced its Q1FY27 results. According to Business Standard, the stock fell as much as 6.83% intraday compared to a 1.13% rise in the NSE Nifty 50 Index. The stock has fallen 15.84% in the last 12 months and 13.59% year-to-date, with total traded volume at 0.09 times its 30-day average.
Globus Spirits is primarily engaged in the business of manufacturing and selling Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), bulk alcohol, hand sanitizer, and franchise bottling. As reported by Business Standard, employee benefits expense stood at ₹30.68 crore (up 8.79% YoY), while other expenses increased to ₹150.77 crore (up 15.51% YoY) during the quarter. The company's diversified product portfolio across spirits and alcoholic beverages continues to drive growth across different market segments.
