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	29,766	14,609	14,095	13,579	10,413
Revenue Growth (YoY)	103.74%	3.65%	3.80%	30.41%	46.67%
Cost of Revenue	27,422	12,983	12,590	12,023	9,135
Gross Profit	2,344	1,626	1,505	1,556	1,278
Selling, General & Admin	126.1	137.42	125.14	108.18	79.08
Other Operating Expenses	410.3	312.59	306.11	277.92	243.04
Operating Expenses	588.3	501.85	492.59	444.24	382.75
Operating Income	1,755	1,124	1,013	1,112	894.82
Interest Expense	-3.2	-5.67	-3.58	-	-
Interest & Investment Income	-	184.9	166.07	138.72	137.38
Other Non Operating Income (Expenses)	302.4	10.27	11.93	10.29	7.69
EBT Excluding Unusual Items	2,054	1,314	1,187	1,261	1,040
Gain (Loss) on Sale of Investments	-	285.76	625.2	55.3	140.62
Pretax Income	2,054	1,600	1,812	1,316	1,181
Income Tax Expense	486.1	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
Shares Change (YoY)	0.01%	-	-	-	-
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	-61.77	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	7.87%	11.13%	10.68%	11.46%	12.27%
Operating Margin	5.90%	7.70%	7.18%	8.19%	8.59%
Profit Margin	5.27%	8.83%	10.75%	7.35%	8.97%
Free Cash Flow Margin	-4.74%	11.07%	4.21%	7.07%	9.36%
EBITDA	1,807	1,176	1,074	1,170	955.44
EBITDA Margin	6.07%	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	5.90%	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	-	17.5	12.17	6.5	0.14

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.