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Godfrey Phillips India Q3 results: Net profit down 5% to Rs 119 cr

New Delhi: Cigarette maker Godfrey Phillips India Ltd on Saturday reported a 5 per cent decline in its consolidated net profit to Rs 116.87 crore for the third quarter resulted in December 2021. The corporate had posted a web revenue of Rs 123.10 crore throughout the October-December quarter of the earlier fiscal, Godfrey Phillips India mentioned in a regulatory submitting.

Its revenue from operations was up 3.14 per cent to Rs 867.23 crore throughout the quarter below evaluate as in opposition to Rs 840.82 crore within the corresponding interval of the earlier fiscal.

Godfrey Phillips’ complete expenses had been at Rs 737.24 crore, up 3.17 per cent in Q3/FY 2021-22, as in opposition to Rs 714.53 crore.

Its income from the cigarettes, tobacco and associated merchandise section was at Rs 770.76 crore, up 2.39 per cent as in comparison with Rs 752.76 crore a 12 months in the past.

Whereas income from retail and associated merchandise was up 21.79 per cent to Rs 97.64 crore as in opposition to Rs 80.17 crore within the third quarter final fiscal, it mentioned.

Godfrey Phillips, a flagship enterprise of Modi Enterprises, operates comfort retailer chain 24Seven. Godfrey Phillips India Q3 outcomes: Internet revenue down 5% to Rs 119 cr

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