Mumbai, May 19, 2025 – GM Breweries Ltd has announced a final dividend of 75%, or ₹7.5 per equity share of ₹10, for the financial year 2024-25, pending shareholder approval. The decision was made during the company’s board meeting on April 15, 2025, according to an exchange filing. The company has fixed May 22, 2025, as the record date to determine eligible shareholders for the dividend payout, as confirmed in a filing dated May 2.
The Mumbai-based liquor manufacturer has a consistent dividend history. In 2024, it paid a final dividend of ₹7 and issued a 1:4 bonus. In 2023, shareholders received ₹6, and in 2022, the dividend was ₹5. This year’s proposed dividend of ₹7.5 marks an increase, reflecting the company’s commitment to rewarding investors despite a challenging quarter.
For the January-March 2025 quarter, GM Breweries reported a 30% drop in net profit, falling to ₹60.5 crore from ₹86.6 crore in the same period last year. However, the company saw improvements in revenue and margins, showcasing operational resilience.
On May 16, GM Breweries’ stock closed at ₹729.60 on the BSE, gaining 2.46%. The stock has risen over 10% in the past two weeks, though it has declined by more than 11% year-to-date. Over longer periods, the stock has delivered strong returns: 21% in one year, 61% in two years, 62% in three years, and an impressive 126% over five years. Its 52-week range stands between ₹1,048.85 and ₹579.10.
Investor sentiment remains cautiously optimistic, with discussions on X highlighting the stock’s dividend consistency and long-term growth potential. As the record date approaches, shareholders are poised to benefit from the proposed dividend, while the market watches for further cues on the company’s financial recovery.
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