The liquor maker’s net profit grew 59% over the same quarter last year, from ₹22 crore to ₹35 crore.
Revenue growth and margin expansion in the second quarter
GM Breweries reported 22% growth in revenue for the September quarter at ₹181 crore. The company had reported a turnover of ₹149 crore in the same quarter last year.
Its earnings before interest, taxes, depreciation and amortization (EBITDA) grew 61% on a year-on-year basis to ₹45 crore from ₹28 crore last year.
EBITDA margins increased by more than 600 basis points during the quarter to 24.9%, compared to 18.8% in the base quarter.
GM Breweries is one of the largest players in the Indian country liquor market.
Stock Price Reaction
The stock price jumped 14% in response to the results announcement.
Shares of GM Breweries are now trading up 18% on Thursday at ₹871.05. The stock is up 26% over the past month, and as a result of that rise, the stock has also turned positive year-to-date.
First publication: October 9, 2025 12:44 STI