US Markets
Home›US Markets›Equities›GRM Overseas shares hold gains as Q1 FY27 results show…
GRM Overseas shares hold gains as Q1 FY27 results show growth
The FMCG company said Q1 FY27 total revenue rose 27.7% year-on-year to ₹427 crore, with PAT up 12.1% to ₹21 crore.
GRM Overseas shares rose in Thursday trading despite weak sentiment on the Dalal Street, gaining as much as 0.33% on the NSE. The stock opened at ₹92.85, versus a prior close of ₹91.38.
In its first quarter results for FY27, the company reported total revenue growth of 27.7% year-on-year to ₹427 crore. EBITDA increased 13.9% year-on-year to ₹36 crore, while profit after tax climbed 12.1% year-on-year to ₹21 crore.
The firm cited international business growth of 7% year-on-year during the quarter, noting geopolitical challenges. Domestically, the branded segment grew 25% year-on-year to ₹116 crore, while the unbranded segment rose by more than 2x.
GRM Overseas’ shares have been volatile amid weak market mood, with gains of 1.88% over the past week and a 3.11% decline over the past month. The stock is down 43% year-to-date and 26% over the past year, though it has delivered 60% returns over three years, according to LiveMint Markets.