GM Breweries has announced its financial results for the quarter ended December 31, 2024. The company posted revenue from operations of ₹644.19 crore, marking a year-on-year (YoY) increase of 4.2% from ₹618.20 crore in Q3FY24. On a quarter-on-quarter (QoQ) basis, revenue rose by 8.12% from ₹595.78 crore in Q2FY25.
Net profit for the period stood at ₹21.97 crore, reflecting a QoQ growth of 1.4% from ₹21.67 crore in Q2FY25. Compared to the same quarter last year, net profit declined by 2.8% from ₹22.60 crore in Q3FY24.
Quarterly Highlights:
- Revenue from Operations:
- QoQ: Increased by ₹48.41 crore, up 8.12%.
- YoY: Increased by ₹25.99 crore, up 4.2%.
- Net Profit:
- QoQ: Improved by ₹0.30 crore, up 1.4%.
- YoY: Declined by ₹0.63 crore, down 2.8%.
The revenue growth is attributed to strong demand across key segments and improved operational efficiency. However, the YoY decline in profit margins was primarily due to higher operational expenses.
