GM breweries breaks above a crucial resistance level
Net sales during the quarter rose 17.18% year-on-year (YoY) to Rs 127.70 crore. Profit before tax in Q4 March 2021 stood at Rs 53.61 crore, up by 124.78% from Rs 23.85 crore in Q4 March 2020.
Tax expense in the fourth quarter rose by 35.80% to Rs 8.27 crore from Rs 6.09 crore recorded in the same period last year.
The company's net profit increased by 18.02% to Rs 80.09 crore on 27.42% fall in net sales to Rs 340.12 crore in the year ended on 31 March 2021 as compared to the year ended on 31 March 2020.
Target 808
SL 366
Tax expense in the fourth quarter rose by 35.80% to Rs 8.27 crore from Rs 6.09 crore recorded in the same period last year.
The company's net profit increased by 18.02% to Rs 80.09 crore on 27.42% fall in net sales to Rs 340.12 crore in the year ended on 31 March 2021 as compared to the year ended on 31 March 2020.
Target 808
SL 366
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