GM Breweries Q2 results: Net profit soars 13% YoY to ₹39 crore, revenue surges 20%; shares fall 7%

In the corresponding period of the preceding fiscal year, the company had clocked a profit of ₹34.89 crore, according to a regulatory filing.

Its consolidated revenue from operations advanced 19.9% YoY to ₹860.62 crore during the quarter under review, compared with ₹717.85 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

Its total expenses also increased by 20.5% YoY to ₹812.25 crore in the quarter ended September 30, 2026, as against ₹674.25 crore in the year-ago period.

At an operational level, the company’s EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹50 crore for the reporting quarter, marking an 11.4% YoY jump from ₹45 crore in Q2 FY26.

However, its EBITDA margin contracted by 44 basis points (bps) YoY to 5.80% in Q2 FY27, compared with 6.24% in the same period of FY26.

GM Breweries stock performance

Shares of GM Breweries tumbled as much as 6.6% to hit an intraday low of ₹920 apiece on the National Stock Exchange (NSE), despite reporting a surge in its profit and revenue during the second quarter.

At around 1:05 PM, the scrip was trading 4.14% lower at ₹944.15 per equity share, amid a weak market.

The shares have fallen 1% in the past week but gained nearly 2% over the month. However, on a year-to-date (YTD) basis, they have lost 22%.

GM Breweries has a total market capitalisation of ₹2,148.64 crore as of October 8, 2026, according to data on the NSE.