GM Breweries reported its Q2 FY27 earnings on Thursday, October 8, showing a 12.61% year‑on‑year rise in consolidated net profit to ₹39.29 crore, up from ₹34.89 crore in the same quarter of FY26. Consolidated revenue from operations increased 19.9% YoY to ₹860.62 crore, compared with ₹717.85 crore in Q2 FY26. Total expenses also grew 20.5% YoY to ₹812.25 crore.

Operating profit, measured as EBITDA, stood at ₹50 crore for the quarter, an 11.4% YoY increase from ₹45 crore recorded in Q2 FY26. Despite the rise, the EBITDA margin contracted by 44 basis points to 5.80% in Q2 FY27, down from 6.24% in the same period of FY26, reflecting higher cost pressures relative to revenue growth.

Shares of GM Breweries fell as much as 6.6% during the day, reaching an intraday low of ₹920 per share on the National Stock Exchange. At 1:05 PM the scrip traded 4.14% lower at ₹944.15, amid a weak market. Over the past week the shares have dropped 1%, but they have gained nearly 2% over the month. Year‑to‑date, however, the stock has declined 22%.

As of October 8, 2026, GM Breweries’ market capitalisation stood at ₹2,148.64 crore according to NSE data. The company’s revenue growth outpaced its expense increase, yet the narrowing EBITDA margin and higher operating costs contributed to a modest profit rise. Investors reacted negatively to the earnings release, reflected in the share price decline despite the company’s improved financial metrics.

In summary, GM Breweries achieved a 12.61% YoY increase in net profit to ₹39.29 crore and a 19.9% YoY rise in revenue to ₹860.62 crore in Q2 FY27. However, total expenses grew 20.5% YoY, and the EBITDA margin slipped to 5.80%. The market responded with a 6.6% intraday drop, leaving the stock down 22% YTD.