Cigarette maker Godfrey Phillips India on Tuesday reported a 61.26 per cent rise in its standalone net profit to Rs 61.99 crore in the quarter ended December 31, 2017 as compared to Rs 38.44 crore in the year-ago period.
On a comparable basis, gross sales during the quarter under review were at Rs 1,528.48 crore as against Rs 1,352.05 crore in the corresponding quarter of the previous fiscal.
The company also reported its total expenses in the third quarter of 2017-18 were Rs 545.59 crore as compared to Rs 1047.56 crore in the year-ago period.
--IANS
bdc/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app