G M Breweries Reports Revision in Score Following Q3 FY24-25 Financial Results

Jan 07 2025 02:31 PM IST
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G M Breweries has seen a revision in its score, reflecting a stabilization in its financial performance despite flat results for the third quarter of FY24-25. The company achieved its highest net sales in five quarters, while also being added to MarketsMojo's list, highlighting its improved liquidity position. However, challenges persist with a declining debtors turnover ratio.
G M Breweries, a notable player in the breweries and distilleries sector, has recently reported its financial results for the third quarter of FY24-25, which were declared on January 7, 2025. The company has shown a flat financial performance during this period; however, there has been a noteworthy adjustment in its evaluation, with its score improving significantly over the last three months.

In terms of financial highlights, G M Breweries achieved net sales of Rs 165.84 crore for the quarter, marking the highest figure recorded in the last five quarters. This upward trend in sales suggests a positive near-term outlook for the company. Furthermore, G M Breweries has bolstered its liquidity position, with cash and cash equivalents reaching Rs 66.91 crore for the half-yearly period, the highest in the last six half-yearly periods. This improvement reflects a stronger short-term liquidity position, which is crucial for operational flexibility.

Despite these positive developments, G M Breweries faces certain challenges. The debtors turnover ratio has seen a decline, dropping to 832.02 times for the half-yearly period, the lowest in the last five half-yearly periods. This decline indicates a slowdown in the company's ability to settle its debtors, which could pose potential risks to its cash flow management.

In light of these mixed results, G M Breweries has been added to MarketsMOJO's list, highlighting its evolving market position. Investors and analysts will be keenly observing how the company navigates its current challenges while capitalizing on its recent sales momentum.
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