G M Breweries Q3 FY26 Profit Rises 91% YoY; Revenue Up 26% to ₹808.6 crore

Mumbai, January 6, 2026: G M Breweries Limited reported a strong set of unaudited financial results for the quarter ended December 31, 2025, delivering sharp growth in both revenue and profitability, supported by higher sales volumes and steady operating performance.

Q3 FY26 Financial Performance (Standalone)​

Revenue from operations increased to ₹808.6 crore in Q3 FY26, compared with ₹644.2 crore in the corresponding quarter last year. Total income stood at ₹813.4 crore, reflecting higher operating traction and stable other income.
Profit before tax rose sharply to ₹56.1 crore, while profit after tax nearly doubled year-on-year to ₹42.0 crore, driven by operating leverage and controlled cost growth.

Expense and Margin Trend​

Cost of materials consumed increased to ₹135.9 crore from ₹126.2 crore a year earlier, in line with higher production volumes. Employee benefit expenses remained stable at ₹35.1 crore, while depreciation and amortisation stood at ₹12.0 crore for the quarter.
Excise duty, VAT, and TCS expenses rose to ₹606.5 crore, reflecting higher sales. Despite this, overall expense growth remained lower than revenue growth, supporting margin expansion during the quarter.

Nine-Month Performance Snapshot​

For the nine months ended December 31, 2025, revenue from operations grew 17.6% year-on-year to ₹2,164.5 crore, while profit after tax rose nearly 50% to ₹102.8 crore, highlighting sustained earnings momentum through FY26 so far.

About the Company​

G M Breweries Limited is an Indian alcoholic beverage manufacturer, primarily engaged in the production and sale of country liquor and Indian-made foreign liquor. The company is listed on Indian stock exchanges and has a strong presence in the Maharashtra market, supported by an established distribution network and a focused brand portfolio.

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