Godfrey Phillips India Q4 profit up 9% to Rs 103.88 cr, revenue up 2.84%

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Cigarette maker Godfrey Phillips India Ltd on Saturday announced a 9.07% increase in its consolidated net profit to Rs 103.88 crore for the January-March 2021-22 quarter.

The company had recorded a net profit of Rs 95.24 crore in the January to March quarter of the previous fiscal year, Godfrey Phillips India said in a regulatory filing.



Its total revenue increased by 2.84% to Rs 877.77 crore in the quarter under review from Rs 853.48 crore in the corresponding period of the previous financial year.

Godfrey Phillips’ total expenditure was Rs 737.72 crore, up 1.38% in the fourth quarter of FY 2021-22 from Rs 727.61 crore in the prior year quarter.

Its revenue from cigarettes, tobacco and related products stood at Rs 769.10 crore, up 2.61%, from Rs 749.51 crore a year ago.

While retail and related products revenue fell slightly to Rs 83.20 crore from Rs 83.52 crore in the fourth quarter of the previous fiscal year, he said.

Godfrey Phillips operates the 24Seven convenience store chain.

For the financial year ended March 2022, Godfrey Phillips India’s net profit increased by 16.20% to Rs 438.06 crore. It had reported a net profit of Rs 376.98 crore in the previous financial year.

His total income was Rs 3,342.68 crore in 2021-22. This is 8.52% higher than Rs 3,080.02 crore during the prior year period.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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