Godfrey Phillips Q2 results: Profit rises 23% to Rs 305 crore

Cigarette maker Godfrey Phillips India on Monday reported a 22.8 per cent rise in consolidated net profit at Rs 304.99 crore for the September quarter of FY’26. The company had posted a net profit of Rs 248.31 crore in the July-September period a year ago, according to a regulatory filing by Godfrey Phillips India, the flagship company of the Modi Enterprises.

However, operating income remained almost flat at Rs 1,632.21 crore during the September quarter of FY26. It stood at Rs 1,627.81 crore in the corresponding period of the previous fiscal.

Godfrey Phillips’ total expenditure fell 2.23 per cent to Rs 1,349.93 crore in the September quarter.

Godfrey Phillips’ total income, including other income, was Rs 1,669.38 crore.

Godfrey Phillips India produces popular cigarette brands such as Four Square, Red and White, Cavanders, Tipper and North Pole. It also produces and distributes the Marlboro brand under a licensing agreement with Philip Morris. Meanwhile, Godfrey Phillips, in a separate filing, said the board had declared an interim dividend of 850 percent, amounting to Rs 17 per equity share of Rs 2 each, for the financial year ending March 31, 2026, at a meeting held on Monday.

Shares of Godfrey Phillips India settled at Rs 3,106.85, up 0.91 percent from the previous closing price.