GLOBUSSPR

Feb 12 (Reuters) - Globus Spirits Ltd GLOS.NS:

• DEC-QUARTER CONSOL NET PROFIT 5.5 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.83 BILLION RUPEES

Source text: ID:nNSE73t1Pp

Further company coverage: GLOS.NS

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Jan 20 (Reuters) -

** Globus Spirits GLOS.NS jumps nearly 18% to 932.20 rupees, set for biggest single-day gain in nearly 5 months

** Alcohol maker says consumer affairs ministry has reduced price of rice supplied to ethanol distilleries

** Price for rice, a key raw material for GLOS, cut to 22.50 rupees/kg from 28 rupees, helping company's profitability

** ~1.3 million shares traded, 4.5x the 6-month daily avg

** Stock fell 0.6% in 2024

(Reporting by Vivek Kumar M)

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** Shares of Globus Spirits GLOS.NS drop around 15% to 900 rupees, set for their worst day since late May, 2022

** Alcohol manufacturer posted a near-90% fall in Q2 consolidated net profit

** EBITDA from its largest segment- manufacturing - dropped 76% y/y hurt by higher grain and maize prices

** Gross margin drops to 29% from 33% a year ago; EBITDA margin down 200 bps to 5%

** Stock hits its lowest level since late-August

** More than 622,000 shares traded, 5x their 30-day avg

** GLOS up 6% YTD compared to 42% gain in rival Tilaknagar Industries TILK.NS and 38% jump in G M Breweries GMBR.NS

($1 = 84.3975 Indian rupees)

(Reporting by Nishit Navin)

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Sept 16 (Reuters) - Globus Spirits Ltd GLOS.NS:

• GLOBUS SPIRITS - LAUNCHES SINGLE MALT WHISKY IN INDIA

Source text for Eikon: ID:nNSEbgR3cR

Further company coverage: GLOS.NS

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** Shares of Globus Spirits GLOS.NS up 2.4% at 802.20 rupees

** Liquor maker said it entered a joint venture agreement with Spanish brewer ANSA McAL

** Under the agreement, GLOS and ANSA will set up an equally owned JV in India to manufacture, source and distribute beer in India

** Adds, initial focus of JV to introduce "Carib" beer brand in the country

** Trading volume nearly twice the 30-day moving avg

** Stock down 8.2% YTD after gaining 4% in 2023

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of liquor maker Globus Spirits GLOS.NS up 11%, on track for steepest intraday rise since Feb. 2022

** Co commenced production of additional capacity at two existing units in the Indian states of Jharkhand and West Bengal

** Trading volumes are 4.5 times the 30-day avg

** Stock fell ~24% in March-qtr, its third straight quarterly loss

** Bigger rivals United Spirits UNSP.NS and Radico Khaitan RADC.NS gained 1.5% and 4.2%, respectively, in the same period, while United Breweries UBBW.NS lost 2.8%

(Reporting by Manvi Pant in Bengaluru)

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Oct 5 (Reuters) - Globus Spirits Ltd GLOS.NS:

• APPROVED FORMATION OF SUBSIDIARY IN BORED BEVERAGES

• CO WILL BE MAKING AN INVESTMENT SUBJECT TO MAXIMUM OF 60 MILLION RUPEES IN THIS UNIT

• WILL HAVE MAJORITY SHAREHOLDING AT 51.13% ALONG WITH MANAGEMENT CONTROL

Further company coverage: GLOS.NS

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** Shares of Globus Spirits GLOS.NS fall as much as 5.53%, steepest intraday pct decline in seven months

** The company that makes liquor, bulk alcohol and hand sanitizer flags temporary supply disruption due to the suspension of surplus rice supply for ethanol production by Food Corporation of India (FCI)

** Says disruptions to last for 7-10 days at its plants in West Bengal and Jharkhand; shifts its feedstock to alternative raw materials like broken rice, maize

** Trading volume by 1 p.m. IST is 1.6x the 30-day avg

** GLOS up 31% so far in 2023, compared to 8.78% rise in Nifty 50 .NSEI index

(Reporting by Bharath Rajeswaran in Bengaluru)

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May 25 (Reuters) - Globus Spirits Ltd GLOS.NS:

• INDIA'S GLOBUS SPIRITS LTD MARCH-QUARTER NET PROFIT 358.4 MILLION RUPEES VERSUS PROFIT 485.8 MILLION RUPEES

• GLOBUS SPIRITS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 6.97 BILLION RUPEES VERSUS 6.54 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: GLOS.NS

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