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The company announced its results after market hours on Thursday, 7 April 2011.
Meanwhile, the BSE Sensex was down 87.97 points, or 0.45%, to 19,503.21.
On BSE, 67,000 shares were traded in the counter compared with average volume of 15,000 shares over the past two weeks. The stock hit a high of Rs 129.80 and a low of Rs 122 so far during the day.
G M Breweries' net profit spurted 216.4% to Rs 21.04 crore on 5.5% rise in net sales to Rs 231.63 crore in the year ended March 2011 over the year ended March 2010. GM Breweries' board has recommended a dividend of Rs 2.50 per equity share for the year ended March 2011.
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