G M Breweries reports Rs 39.29 cr profit with Rs 4.14 cr other income
The consolidated quarter included a non-operating contribution to PBT, while low interest expense limited the gap between operating and pre-tax profit.
Filed 08 Oct 2026, 15:14 IST · G M Breweries Ltd (GMBREW)
Key takeaways
- G M Breweries reported consolidated net profit of Rs 39.29 cr in Q2FY27, with EPS of Rs 17.20.
- Other income of Rs 4.14 cr supplemented consolidated profit before tax of Rs 52.51 cr.
- Operating profit was Rs 49.91 cr at a 23.37% operating margin, while interest remained low at Rs 0.04 cr.
Price around the results
Q2FY27 profit was supported beyond operations
G M Breweries reported consolidated net profit of Rs 39.29 cr on revenue of Rs 213.52 cr. Other income of Rs 4.14 cr formed part of the Rs 52.51 cr profit before tax, so reported earnings included a non-operating contribution.
Operating margin sets the quarter’s earnings base
Operating profit was Rs 49.91 cr, resulting in a 23.37% operating margin. Interest expense was only Rs 0.04 cr, leaving depreciation of Rs 1.50 cr and tax of Rs 13.22 cr as the main reported deductions between operating profit and net profit.
Tax and other income remain key quality markers
The reported tax rate was 25.18%, while other income added Rs 4.14 cr to pre-tax earnings. The next reading of the accounts will show whether the 23.37% operating margin remains the main source of earnings or whether non-operating income again has a material role.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹214 cr |
| Other income | ₹4 cr |
| Expenses | ₹164 cr |
| Operating profit | ₹50 cr |
| Operating margin (%) | 23.37% |
| Interest | ₹0 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹53 cr |
| Tax | ₹13 cr |
| Net profit | ₹39 cr |
| EPS (₹) | ₹17.20 |
What to watch
- Whether operating margin moves around the 23.37% level.
- Whether other income remains near Rs 4.14 cr.
- Whether the tax rate stays close to 25.18%.