harshvardhan99

GM breweries breaks above a crucial resistance level

Long
NSE:GMBREW   GM BREWERIES
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
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