G M Breweries soars after strong Q4 performance
G M Breweries jumped 6.04% to Rs 467.25 after the company's net profit surged 155.29% to Rs 45.34 crore in Q4 FY21 from Rs 17.76 crore in Q4 FY20. Net sales during the quarter rose 17.18% year-on-year (YoY) to Rs 127.70 crore. Profit before tax in Q4 March 2021 stood at Rs 53.61 crore, up by 124.78% from Rs 23.85 crore in Q4 March 2020. Tax expense in the fourth quarter rose by 35.80% to Rs 8.27 crore from Rs 6.09 crore recorded in the same period last year. The company's net profit increased by 18.02% to Rs 80.09 crore on 27.42% fall in net sales to Rs 340.12 crore in the year ended on 31 M...
Source: business-standard.com