WebinarsNew
Deep DiveNew
Explore Business Standard
Cigarette maker Godfrey Phillips India on Monday reported an on-year decline of 44.3 per cent in consolidated net profit to Rs 198.39 crore for the June quarter of this financial year, on account of a rise in taxes. The company had posted a net profit of Rs 356.28 crore during the April-June period a year ago, according to a regulatory filing from Godfrey Phillips India, the flagship company of Modi Enterprises. "Due to the steep tax increase implemented in Q4 of FY26, the profitability has declined by 44 per cent compared to the corresponding period last year," said its Chief Executive Officer Sharad Aggarwal in the earnings statement of the company. Its revenue from operations increased two-fold to Rs 3,819.56 crore during the June quarter of FY'27. It was at Rs 1,813.26 crore in the corresponding period of the previous fiscal. This was also due to high excise duty of Rs 2,614 crore paid by the company during the quarter. Minus excise, its net revenue was at Rs 1,206 crore, down
Cigarette maker Godfrey Phillips India Ltd on Friday reported an 86 per cent jump in consolidated net profit at Rs 521.46 crore in the fourth quarter ended March 31, 2026, driven by robust sales. The company had posted a consolidated net profit of Rs 279.61 crore in the corresponding quarter of the preceding fiscal, Godfrey Phillips India (GPI) said in a regulatory filing. Consolidated total revenue from operations in Q4FY26 stood at Rs 3,485.54 crore as against Rs 1,887.79 crore in the year-ago period. Total expenses in the quarter under review were higher at Rs 2,968.42 crore, compared to Rs 1,663.92 crore in the corresponding period a year ago. The board of directors has recommended a final dividend of Rs 3.3 per equity share of Rs 2 each for 2025-26, the company informed the stock exchanges. For FY26, consolidated net profit stood at Rs 1,526 crore, compared to Rs 1,072.31 crore in FY25. Consolidated total revenue from operations for the entire financial year stood at Rs 9,12
Cigarette maker Godfrey Phillips India Ltd on Monday reported a 23 per cent rise in consolidated net profit to Rs 248.31 crore in the second quarter ended September 30, 2024, fuelled by higher sales. The company posted a consolidated net profit of Rs 202.06 crore in the same quarter last fiscal, Godfrey Phillips India Ltd (GPIL) said in a regulatory filing. Consolidated total revenue from operations stood at Rs 1,651.42 crore in the quarter under review compared to Rs 1,374.55 crore in the year-ago period. Total expenses in the second quarter were higher at Rs 1,415.89 crore against Rs 1,194.03 crore a year ago. Revenue from cigarettes, tobacco and related products in the second quarter stood at Rs 1,610.06 crore compared to Rs 1,258.48 crore in the corresponding period last fiscal, the company said. On the other hand, revenue from retail and related products was lower at Rs 38.79 crore over Rs 117.26 crore in the same period last fiscal, it added. The company's board had on Apri