Godfrey Phillips shares continued their upward trend for the third straight session on February 18 after posting strong Q3 FY25 results. The company reported a 48.7% year-on-year (YoY) increase in net profit, reaching ₹316 crore for the December quarter. Revenue from operations also grew 27.3% YoY to ₹1,591 crore, driven by solid growth in its core business of cigarettes, tobacco, and related products.
Godfrey Phillips shares surged 11.78% to an intraday high of ₹7,687.70 on the NSE. Despite opening 2.79% lower, it quickly recovered, erasing all losses. Over the last 3 trading sessions, the stock has gained nearly 45%.
The company’s EBITDA jumped 57.6% YoY to ₹359 crore in Q3FY25. EBITDA margins improved significantly, rising 440 basis points to 22.6%.
India’s cigarette industry has faced difficulties due to higher taxes, stricter regulations, and rising illicit trade, especially in the premium segment, affecting legal manufacturers.
Godfrey Phillips India, the flagship company of the KK Modi Group, is a leading FMCG company in India. It owns popular cigarette brands like Four Square, Red & White, and Cavanders. The company also has an exclusive agreement with Philip Morris International to produce and distribute the Marlboro brand in India.
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Published on: Feb 18, 2025, 12:37 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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