Godfrey Phillips India's Q1 net profit fell 44 per cent to ₹198.39 crore, despite revenue growth. Steep tax increases were cited as the main reason for the decline in the profit.
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
With today's sharp gain of 12 per cent, Godfrey Phillips shares have now recouped the YTD losses
In two sessions, ITC shares declined over 5 per cent, Godfrey Phillips over 6 per cent and VST Industries over 3 per cent
Technical charts show that ITC, Godfrey Phillips, Jubilant FoodWorks, AWL Agri Business and United Breweries are trading in oversold zones based on the 14-day RSI parameter.
Shares of cigarette makers fell sharply after the Centre announced higher GST and excise duties on tobacco products from February, raising concerns over price hikes, volumes and margins
Tobacco stocks like ITC, VST and Sinnar Bidi fell up to 5 per cent today after govt signaled an extra GST cess on cigarettes and bidis, raising margin risks. Analysts suggest stock strategy ahead
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Godfrey Phillips shares surged to a record high after the company reported a 56 per cent Y-o-Y jump in consolidated net profit for the June quarter (Q1FY26), aided by higher sales.
In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.
After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities
Godfrey Phillips share today hit a 10 per cent upper circuit limit at Rs 7,745.75 per share
The rise in Godfrey Phillips share price came after the company announced strong Q3 results for financial year 2025 (Q3FY25)
Technical chart shows that NCC and Sonata Software shares were seen testing multi-year supports; break of the same can trigger a deeper fall at these counters. Check key levels for these 5 stocks here
This development is the latest in the ongoing family and company dispute, in which Samir and his brother Lalit are contesting their mother Bina over an inheritance
The uptick in Godfrey Phillips share came after the company announced on Thursday, December 26, that it has appointed Siddharth Chawla as its chief operating office (COO), effective January 7, 2025
According to reports, the Group of Ministers (GoM) on GST rate rationalisation on Monday recommended a new slab of 35 per cent for tobacco, tobacco products and aerated drinks.
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
The police have also asked the medical board to determine if the said injury was old or sustained on May 30, as well as to determine if the injury is possible from the twisting of a finger or hand