Godfrey Phillips India Limited on Thursday reported its fiscal fourth quarter earnings with profit at Rs 214.16 crore, up 45.6 per cent in comparison to Rs 147.10 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 1197.13 crore, up 22.9 per cent as against Rs 974.40 crore during the same period last year. While the total income recorded during Q4FY24 stood at Rs 1263.50 crore, total expenses incurred by the company during the quarter in review stood at Rs 1052.66 crore.
Godfrey Phillips’ cigarettes, tobacco and related products business recorded Q4 revenue of Rs 1073.56 crore, and it posted revenue of Rs 101.42 crore from retail and related products business.
The company board announced a final dividend of 2800 per cent i.e. Rs 56 per equity share of Rs 2 each for the financial year ended 31st March 2024. The dividend declared in the AGM will be paid within 30 days from the date of declaration. The date of payment of dividend shall be intimated in due course of time, Godfrey Phillips said.
