Globus Spirits Ltd (BOM:533104)
₹ 894.1 -5.7 (-0.63%) Market Cap: 25.82 Bil Enterprise Value: 28.99 Bil PE Ratio: 42.23 PB Ratio: 2.63 GF Score: 81/100
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Q2 2024 Globus Spirits Ltd Earnings Call Transcript

Nov 09, 2023 / 10:30AM GMT
Release Date Price: ₹812.8 (-3.22%)
Operator

Ladies and gentlemen, good day, and welcome to the Global (sic - Globus) Spirits Limited Q2 FY24 earnings conference call. (Operator Instructions) Please note this conference is being recorded.

I now hand the conference over to Mr. Shekhar Swarup, Joint Managing Director, Globus Spirits Limited. Thank you and over to you, sir.

Shekhar Swarup Globus Spirits Ltd;Joint MD

Hi. Good afternoon, everyone. Welcome to our quarter-two and H1 FY24 earnings call.

The quarter gone by posed a unique challenge for our business with the sudden stoppage of supply of raw materials from FCI. However, due to the way our plants have been designed, we were quickly able to restart production after supply resumed.

The disruption was for only 18 days in the quarter gone by, where Bengal and Jharkhand plants were closed. West Bengal plant during this period also pivoted to using maize for ethanol and successfully produced this for the very first time between August until even now in November. Our plants are designed in such a way that they can have

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