2 weeks ago

GRM Overseas Revenue Up 27.7% Despite Weak Market Sentiment

GRM Overseas Revenue Up 27.7% Despite Weak Market Sentiment
FMCG stock shows resilience against Dalal Street bears · livemint.com

GRM Overseas is a company that makes everyday products people buy at stores.

The company told everyone how it did in the first three months of its new business year.

It made a lot more money this time than at the same time last year.

Its total income went up by about 28 percent.

Its profit also went up, but by a smaller amount.

Sales in India grew a lot, especially for products sold under its own brand name.

Sales in other countries grew a little bit too, even with problems in the world.

The company's share price went up a tiny bit on the stock market.

But looking at the whole year so far, the share price has gone down.

The company's leader says they will work hard to make their brand stronger and keep growing.

Key facts

Company
GRM Overseas (FMCG)
Q1 FY27 Total Revenue
₹427 crore (up 27.7% YoY)
Q1 FY27 EBITDA
₹36 crore (up 13.9% YoY)
Q1 FY27 PAT
₹21 crore (up 12.1% YoY)
Domestic Branded Segment
₹116 crore (up 25% YoY)
Thursday Share Price Gain
Up to 0.33% on NSE
Stock Performance
Down 43% YTD, down 26% in one year, up 60% in three years
Managing Director
Atul Garg

Quotes

Atul Garg

Managing Director of GRM Overseas

“We are pleased to begin FY27 on a positive note, delivering 27.7% YoY growth in Total Revenue during Q1FY27. EBITDA grew by 13.9% YoY and PAT increased by 12.1% YoY, supported by the higher scale of operations.”
livemint.com

Sources

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