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Globus Spirits Q4 Profit Soars Despite Revenue Dip
7 May
Summary
- Fourth-quarter profit surged to ₹21 crore from ₹5 crore year-on-year.
- Revenue saw a slight dip of 2.7% to ₹851 crore in the March quarter.
- EBITDA increased by 74% to ₹66.5 crore, with margins expanding significantly.
Globus Spirits has reported a robust increase in its fourth-quarter profit, driven by enhanced operational efficiencies and margin expansion. For the quarter concluding in March, the company posted a net profit of ₹21 crore, a significant improvement from ₹5 crore reported in the same period last year.
Despite a marginal 2.7% year-on-year decrease in revenue to ₹851 crore for the quarter, the company's operational metrics demonstrated substantial growth. EBITDA surged by 74% to ₹66.5 crore from ₹38.3 crore in the prior year.
This improvement is reflected in the EBITDA margin, which expanded to 7.8% from 4.4%, indicating better cost management and a stronger product mix. The company's board has proposed a dividend of 65.3% (₹6.53 per equity share) for FY26, pending shareholder approval.
Globus Spirits, a key player in the alcoholic beverages and ethanol sector, manufactures and markets a range of products including Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), and ethanol across India.
