Profit before tax (PBT) rose 12.61% YoY and 4.12% QoQ to Rs 52.51 crore in Q2 FY27.

Cost of materials consumed increased 17.93% YoY and 6.01% QoQ to Rs 146.56 crore. Employee benefit expenses jumped 1.69% YoY while declined 3.85% QoQ to Rs 3 crore during the quarter.

For the first half of FY27, consolidated net profit increased 26.8% to Rs 77.03 crore, compared with Rs 60.75 crore in the corresponding period of the previous year. Revenue from operations, excluding VAT and excise duty, rose 20.30% YoY to Rs 413.10 crore in H1 FY27.

G M Breweries is engaged in the manufacturing and marketing of alcoholic beverages, including country liquor (CL) and Indian-made foreign liquor (IMFL). The company is the largest manufacturer of country liquor in Maharashtra, holding a significant share of the state’s market

The scrip declined 8.16% to Rs 905.70 on the BSE.