BusinessGodfrey Phillips India Q2 revenue down 8.5 p.c to Rs 163 crore

Godfrey Phillips India Q2 revenue down 8.5 p.c to Rs 163 crore



NEW DELHI: Cigarette maker Godfrey Phillips India Ltd on Friday reported 8.51 per cent decline in consolidated web revenue at Rs 163.01 crore for the second quarter ended September 30, 2023. The corporate had logged a web revenue of Rs 178.19 crore throughout September quarter a yr in the past, in keeping with a regulatory submitting by Godfrey Phillips India.
Income from operations was up at Rs 1,374.55 crore as in opposition to Rs 1,191.56 crore.
Whole expense was Rs 1,194.03 crore, up 19.80 per cent.
Whole revenue within the September quarter was Rs 1,412.55 crore, an increase of 14.4 per cent year-on-year.
Income from cigarettes, tobacco and associated merchandise was Rs 1,258.48 crore, up 16.64 per cent year-on-year.
Income from retail and associated merchandise was greater at Rs 117.26 crore as in opposition to Rs 112.39 crore earlier, it mentioned.
Godfrey Phillips operates comfort retailer chain 24Seven.
Shares of Godfrey Phillips India have been buying and selling at Rs 2,178 apiece on BSE, down 7.18 per cent from the earlier shut.



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