Globus Spirits Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
June 14, 2021 at 05:23 am EDT
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Globus Spirits Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 4,922.179 million compared to INR 2,982.195 million a year ago. Net income was INR 506.382 million compared to INR 194 million a year ago. Basic earnings per share from continuing operations was INR 17.58 compared to INR 6.74 a year ago. For the full year, total revenue was INR 16,786.901 million compared to INR 12,711.677 million a year ago. Net income was INR 1,408.373 million compared to INR 498.992 million a year ago. Basic earnings per share from continuing operations was INR 48.9 compared to INR 17.33 a year ago.
Globus Spirits Limited is an India-based company, which is primarily engaged in the business of the manufacture and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, Hand Sanitizer and Franchise Bottling. Its business segments include manufacturing and consumer business. The Companyâs consumer products include Ghoomar, Heer Ranjha, Shahi, Goldee-Blue and Red, Globus Special Series GR8 Times, Rajputana, Globus Spirits Dry Gin, White Lace and TERAI India Dry Gin. The Companyâs manufacturing products include grain neutral alcohol, bioethanol, special denatured spirit, technical alcohol and fusel oil. Its manufacturing facilities spread across West Bengal, Bihar, Haryana, and Rajasthan. Its fully integrated plants facilitate the production of Rectified Spirit, Grain Neutral Alcohol (ENA), Value-priced Spirits, and Premium Spirits.