FMCG stock shows resilience against Dalal Street bears
New Delhi, Aug. 13 -- FMCG stock GRM Overseas traded in green despite weak sentiments on Dalal Street. GRM Overseas share price gained as much as 0.33% on NSE in Thursday's trading session.
The FMCG stock opened at Rs.92.85 apiece today, as compared to previous close Rs.91.38 on Wednesday.
The company reported a strong performance in the first quarter of FY27, with total revenue rising 27.7% year-on-year (YoY) to Rs.427 crore.
EBITDA stood at Rs.36 crore in Q1 FY27, registering a 13.9% YoY growth. Meanwhile, profit after tax (PAT) surged 12.1% year-on-year to Rs.21 crore in Q1 FY27.
The company's international business reported a healthy 7% YoY growth during the quarter despite prevailing geopolitical challenges, underscoring the resi...
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