GM Breweries Q1 Results Live : profit rise by 25.26% YOY | Mint

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GM Breweries Q1 Results Live : GM Breweries announced their Q1 results on 09 Jul, 2024, showing a 3.66% increase in revenue and a significant 25.26% rise in profit year-over-year.

However, the company experienced a 3.63% decline in revenue and a substantial 71.21% decrease in profit compared to the previous quarter.

The Selling, general & administrative expenses saw a 14.37% decrease quarter-over-quarter, but a 1.96% increase year-over-year.

Operating income showed positive growth with a 27.01% increase quarter-over-quarter and a 17.18% rise year-over-year.

The earnings per share (EPS) for Q1 stood at 10.92, marking a slight 0.18% increase year-over-year.

GM Breweries’ stock performance in the market includes a -7.12% return in the last week, a strong 60.97% return in the last 6 months, and a promising 52.71% year-to-date return.

As of now, GM Breweries holds a market cap of 1969.18 Cr with a 52-week high/low trading range of 948 and 456.8 respectively.

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