Q3 2024 Globus Spirits Ltd Earnings Call Transcript
Ladies and gentlemen, good day and welcome to the Globus Spirit Ltd Q3 FY24 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Shekhar Swarup. Thank you and over to you Mr. Shekhar Swarup.
Thank you. Good evening, everyone. Welcome to our Q3 and nine months earnings call. Our results and other documents have been uploaded on the exchanges and I hope you had a chance to go through the same.
As we've been discussing in the past, we had a sudden stoppage of supply of raw materials in quarter two from FCI for production of ethanol. However, coming into quarter three, our plants now have operated at full capacity based on rice mainly as the raw material and in part maize.
In Q3, we had been expecting a cool-down of raw material prices given the satisfactory harvest of paddy in the year. However, there has been a unique environment that prevailed where broken rice prices did not correct despite the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
