India's G M Breweries falls on lower December-quarter profit

G M Breweries

07/01/2022 07:05

** Liquor maker's shares  GMBR.NS  down as much as 10.6% at
758.70 rupees, biggest intraday pct loss in more than 1-1/2
years
    ** GMBR shares lowest since Dec. 24 in second straight
session of losses
    ** Company reports https://bit.ly/3qZTf3X 6.3% decrease in
December-quarter profit to 197.9 mln rupees ($2.66 mln); total
revenue from operations 5.14 bln rupees vs 4.09 bln rupees
    ** More than 421,000 shares change hands, 1.6x 30-day avg

 ($1 = 74.2780 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607))