Godfrey Phillips India Limited Q4 Result 2024

Synopsis:

Godfrey Phillips India Limited announced its quarterly results for March 2024 on 30th May. It reported a consolidated PAT of ₹215.12 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 24.06% on a YOY basis reaching ₹ 1263.50 cr. The company announced a dividend of ₹56 per share for FY2024.

Quarter Result Performance

The company’s consolidated total revenue for Q4 FY2024 was up by 24.06% on a YOY basis, reaching ₹ 1263.50 cr from ₹ 1018.44 cr in Q4 FY2023. The quarterly consolidated revenue was down by 18.21%. Godfrey Phillips India Limited reported a consolidated PAT of ₹ 215.12 cr for Q4 FY2024 against ₹ 147.09 cr in Q4 FY2023, which is a hike of 46.25%. On a quarterly basis, the consolidated PAT increased by 1.30%. 

For the full financial year ending in March 2024, the consolidated PAT stood at ₹ 883.97 cr compared to ₹ 690.43 cr in FY 2023, which is an increase of 28.03%. For FY 2024, its consolidated total revenue stood at ₹ 5518.87 cr compared to ₹ 4427.88 cr in FY 2023, up by 24.64%. 

The company announced a dividend of ₹56 per share having a face value of ₹2 at 2800% for FY2024. 

Godfrey Phillips India Limited’s Cigarettes, Tobacco and Related Products increased by 26% from ₹ 3830.67 in FY2023 to ₹ 4831.21 in FY2024. While Retail and related Products revenue increased by 3.81% to ₹ 44347 cr in FY2024 from ₹ 42721 cr in FY2023.

About Godfrey Phillips India Limited

Godfrey Phillips India Ltd (Godfrey Phillips) operates as a subsidiary of Modi Enterprises. It is primarily engaged in the manufacturing and distribution of cigarettes, tobacco products, tea, and other retail products. The company is known for its procurement and supply agreement with Philip Morris for the manufacture and distribution of the Marlboro brand in India. Apart from this, Godfrey Phillips’ product portfolio includes cigarettes under brands like Four Square, Red and White, Cavanders, Tipper, and North Pole.