GM Breweries delivered robust financial results for the second quarter of financial year 2027, with consolidated net profit surging 13% year-on-year to ₹39.3 crore compared to ₹34.9 crore in the same quarter last year. According to Upstox Securities, the company's consolidated revenue from operations advanced 19.9% YoY to ₹214 crore in Q2 FY27, compared with ₹181 crore in the year-ago period. This represents a significant improvement from the earlier reported figures, demonstrating the company's strong operational performance during the June to September quarter.
The Mumbai-based brewery demonstrated exceptional topline growth during the June to September quarter, with revenue increasing 18.2% to ₹214 crore compared to ₹181 crore in the same quarter last year. As reported by CNBC TV18, EBITDA rose 12% year-on-year to ₹50.3 crore from ₹45 crore in Q2 FY26, though EBITDA margins declined by over 250 basis points to 23.5% from 25% in the year-ago period. The company, known for brands like Santra, G.M. Doctor, and G.M. Limbu Punch, is a key player in India's country liquor market.
When comparing quarterly performance, GM Breweries showed strong sequential growth in Q1 FY27, with net profit rising 46% to ₹38 crore and revenue jumping 23% to ₹200 crore compared to the same quarter last year. According to CNBC TV18, this represents a significant improvement from Q4 FY26, when the company witnessed an 11% drop in net profit compared to the same quarter last year. The current quarter's performance shows continued momentum in the company's growth trajectory.
The stock's reaction to the results reflects investor concerns about margin compression despite strong revenue growth. As reported by CNBC TV18, GM Breweries shares are down 22% year-to-date and have corrected 25% from their 52-week high of ₹1,328.8. The stock has gained in five out of the last 10 trading sessions before today's session, indicating some recent recovery attempts. However, GM Breweries shares traded at ₹942 on the NSE, down over 4% on Thursday, reflecting continued volatility following the results announcement. At the time of writing, Nifty 50 and Sensex traded at the lowest level, with Sensex slumping over 1000 points.
