2 weeks ago
GRM Overseas Revenue Up 27.7% Despite Weak Market Sentiment
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.
GRM Overseas shares gained up to 0.33% on the NSE on Thursday despite weak Dalal Street sentiment.
Q1 FY27 total revenue rose 27.7% year-on-year to ₹427 crore.
EBITDA grew 13.9% YoY to ₹36 crore, while PAT rose 12.1% YoY to ₹21 crore.
The domestic branded segment grew 25% YoY to ₹116 crore, while the unbranded segment recorded growth of over 2x.
The stock is down 43% year-to-date and 26% in one year, but has returned 60% over three years.
- Who
- GRM Overseas, an FMCG company led by Managing Director Atul Garg.
- What
- The company reported strong Q1 FY27 results with 27.7% YoY revenue growth, while its stock traded in the green amid weak market sentiment.
- Where
- On the NSE (National Stock Exchange of India), with trading referred to on Dalal Street.
- When
- During Thursday's trading session, reporting on the first quarter of FY27.
- Why
- Growth was driven by a 25% YoY rise in the domestic branded segment and 7% growth in international business.
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.”
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