Globus Spirits Limited has informed the Exchange regarding Board meeting held on August 04, 2025.
GLOBUSSPR · price
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Awaiting price reaction for this filing.
Globus Spirits reported Q1 FY26 consolidated revenue from operations of ₹951.55 crore, up about 7.4% from ₹886.00 crore in Q1 FY25. Profit after tax rose to ₹176.90 crore vs ₹153.26 crore a year ago (up ~15.4%), with EPS of ₹6.16 vs ₹5.48. The Consumer segment continued to drive growth, with segment revenue of ₹525.79 crore and segment profit of ₹43.87 crore, while the Manufacturing segment reported ₹511.77 crore revenue and ₹13.52 crore profit. The company entered a strategic joint venture with ANSAMCAL Limited, investing ₹3 crore to enter the beer segment. The auditor (Walker Chandiok & Co LLP) issued an unmodified limited review report but flagged an ongoing income tax dispute (search and seizure operation covering AY 2014-15 to AY 2023-24, with a tax demand of ~₹40.94 crore, of which ~₹30.44 crore paid under protest) as an Emphasis of Matter.
Steady revenue and profit growth with margin stability, supported by a new diversification move into beer via joint venture, is a positive for shareholders. However, the unresolved income tax matter of ~₹40.94 crore (partly paid under protest) remains a key overhang to monitor, though management expects no liability based on legal opinion.