Mumbai, July 27 — Cigarette and tobacco products manufacturer Godfrey Phillips India Limited on Monday reported a sharp 44.3 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 189.39 crore for the quarter ended June 30, (Q1 FY27), as revenue and operating profit also fell amid weaker business performance.
The company's consolidated net profit stood at Rs 356.31 crore in the corresponding quarter of the previous financial year (Q1 FY26), according to its stock exchange filing.
Revenue from operations declined 18.9 per cent year-on-year to Rs 1,205.5 crore from Rs 1,486.2 crore.
The company's operating performance also remained under pressure. Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 46.3 per cent to Rs 181.44 crore from Rs 337.6 crore in the year-ago period.
Consequently, the EBITDA margin narrowed to 15.1 per cent from 22.7 per cent a year earlier.
Separately, the board of directors fixed August 11, 2026, as the record date for determining shareholders eligible to receive the final dividend for the financial year 2025-26.
Ahead of the earnings announcement, shares of Godfrey Phillips India closed 4.03 per cent higher at Rs 2,215.40 on the NSE on Monday, gaining Rs 85.80 during the trading session.
Over the last five days, the company's shares have gained 2.56 per cent. Over the past one month, the stock has remained largely flat, rising 1.01 per cent.
Godfrey Phillips India, the flagship company of Modi Enterprises, is among the country's leading tobacco manufacturers.
Its portfolio includes several well-known cigarette brands such as Marlboro, Four Square, Red & White and Cavanders.
Godfrey Phillips India Ltd. (GPI) is an India-headquartered tobacco manufacturer that was originally founded by a British company.
It is now part of Modi Enterprises and is one of the major players in India's domestic cigarette industry.