Mixed Performance for Globus Spirits with Strong Sales Growth but EBITDA Decrease

In December 2023, Globus Spirits reported net sales of Rs 876.65 crore, witnessing a significant increase of 47.98% from Rs 592.40 crore in December 2022. The quarterly net profit for December 2023 amounted to Rs 44.54 crore, showing a substantial growth of 65.32% from Rs 26.94 crore in December 2022. However, the EBITDA for December 2023 was Rs 43.08 crore, indicating a decrease of 28.25% from Rs 60.04 crore in December 2022.