G.M. Breweries Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	17,355	14,609	14,095	13,579	10,413
Revenue Growth (YoY)	18.79%	3.65%	3.80%	30.41%	46.67%
Cost of Revenue	15,049	12,983	12,590	12,023	9,135
Gross Profit	2,306	1,626	1,505	1,556	1,278
Selling, General & Admin	146.14	137.42	125.14	108.18	79.08
Other Operating Expenses	352.67	312.59	306.11	277.92	243.04
Operating Expenses	550.71	501.85	492.59	444.24	382.75
Operating Income	1,755	1,124	1,013	1,112	894.82
Interest Expense	-3.06	-5.67	-3.58	-	-
Interest & Investment Income	200.59	184.9	166.07	138.72	137.38
Other Non Operating Income (Expenses)	10.01	10.27	11.93	10.29	7.69
EBT Excluding Unusual Items	1,963	1,314	1,187	1,261	1,040
Gain (Loss) on Sale of Investments	91.65	285.76	625.2	55.3	140.62
Pretax Income	2,054	1,600	1,812	1,316	1,181
Income Tax Expense	486.06	309.24	296.91	317.51	246.95
Net Income	1,568	1,290	1,515	998.65	933.56
Net Income to Common	1,568	1,290	1,515	998.65	933.56
Net Income Growth	21.54%	-14.84%	51.73%	6.97%	16.56%
Shares Outstanding (Basic)	23	23	23	23	23
Shares Outstanding (Diluted)	23	23	23	23	23
EPS (Basic)	68.64	56.48	66.32	43.71	40.86
EPS (Diluted)	68.64	56.48	66.32	43.69	40.86
EPS Growth	21.53%	-14.84%	51.80%	6.92%	16.56%
Free Cash Flow	-1,411	1,617	592.68	960.38	974.69
Free Cash Flow Per Share	-61.78	70.77	25.94	42.03	42.66
Dividend Per Share	9.000	7.500	5.600	4.800	4.000
Dividend Growth	20.00%	33.93%	16.67%	20.00%	25.00%
Gross Margin	13.29%	11.13%	10.68%	11.46%	12.27%
Operating Margin	10.11%	7.70%	7.18%	8.19%	8.59%
Profit Margin	9.04%	8.83%	10.75%	7.35%	8.97%
Free Cash Flow Margin	-8.13%	11.07%	4.21%	7.07%	9.36%
EBITDA	1,807	1,176	1,074	1,170	955.44
EBITDA Margin	10.41%	8.05%	7.62%	8.61%	9.18%
D&A For EBITDA	51.9	51.84	61.34	57.83	60.63
EBIT	1,755	1,124	1,013	1,112	894.82
EBIT Margin	10.11%	7.70%	7.18%	8.19%	8.59%
Effective Tax Rate	23.66%	19.33%	16.38%	24.12%	20.92%
Revenue as Reported	30,068	25,518	24,956	23,462	18,067
Advertising Expenses	20.08	17.5	12.17	6.5	0.14

Source: S&P Global Market Intelligence. Standard template. Financial Sources.