Globus Spirits Q3 FY23 Result Update:
- EBITDA margins excluding IMFL segment are expected to be in 13-15% range. But will remain muted in the short term as grain prices have started to inch upward as well. Recovery in margins will start from Q1FY24.
- Plan to close FY23 with production 2.25 lakh cases.
- Further improvement in realizations is expected with increasing volumes.
- Company is targeting 20% revenue share from IMFL consumer segment.
- They might incure Capex of 35-40 cr in Q4FY23.
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