GM Breweries Performance Analyzed
GM Breweries saw a big jump in its stock price – up 14.6% – on the Indian stock market (BSE). The stock reached a high of ₹877 per share. At the same time, the overall market was also rising, with the BSE Sensex going up by 0.31%. This increase in GM Breweries’ stock price reflects good news about the company’s recent financial results.
Key Points
- Strong stock gain: GM Breweries’ shares increased significantly.
- Profit surge: Net profit rose 61% compared to the previous year.
- Revenue growth: Sales increased by 20% year-over-year.
- Excise duty hike: State increased taxes on alcohol products.
- Consumer relief: Beer and wine were exempt from the tax increase.
- New liquor category: ‘Maharashtra Made Liquor’ introduced for revenue.
The company’s latest financial results (Q2FY26) were really positive. GM Breweries reported a profit of ₹34.89 crore, which is a 61% increase from the same time last year. Their sales also jumped by 20%.
A key factor driving this growth is a change in how the state of Maharashtra taxes alcohol. The government raised the taxes on Indian Made Foreign Liquor (IMFL) and country liquor. This means more money coming into the state’s budget.
However, some important changes were made to protect consumers and certain manufacturers. Beer and wine weren’t affected by the tax increase. The government also created a new type of alcohol – ‘Maharashtra Made Liquor’ – to try to bring in even more money.
GM Breweries is a big player in the alcohol industry, especially making country liquor in Maharashtra. They have a loyal customer base and are a significant contributor to the state’s tax revenue.
“This growth demonstrates GM Breweries’ strong market position and effective strategies.”



