Results for the December quarter have started trickling in, with companies like Tata Elxsi announcing results today. Of the results already in, GM Breweries (which is in five stock screeners, including MF shareholding increase) delivered something of a disappointment, with the company showing a 25%+ decline in net profits YoY and single digit revenue growth. Total expenses for the quarter also rose to Rs 425.5 crore, an increase from Rs 401 crore in the December quarter last year.

Share price has been falling for the company since result announcement proved to be a disappointment for investors. For the full result dashboard, click here.