Thursday, August 7, 2025

Godfrey Phillips Q1 Results | Net profit jumps 56%; 2:1 bonus issue announced

Date:

Cigarette maker Godfrey Phillips India Ltd on Monday (August 4) rolled out an impressive set of numbers for the first quarter of FY26. Net profit jumped 56% at ₹356.3 crore over ₹228.5 crore in Q1FY25.

Revenue for the April-June quarter surged 36.6% to ₹1,486 crore against ₹1,088 crore year-on-year.

At the operating level, Q1 EBITDA increased 25.3% to ₹338 crore from ₹270 crore last year. However, the EBITDA margin narrowed to 22.7% versus 24.8% in the year-ago quarter.

Also Read: Godfrey Phillips share price up nearly 19% on strong Q3 earnings

The company announced a bonus issue of equity shares in the ratio of 2:1. Under this proposal, shareholders will receive two fully paid-up bonus equity shares of ₹2 each for every one existing fully paid-up equity share of ₹2 held.

The bonus issue will be implemented by capitalising an amount of ₹2,079.76 lakh from the company’s general reserves and/or retained earnings. The issuance is subject to shareholders’ approval and other necessary regulatory clearances.

The record date for determining the eligibility of shareholders to receive the bonus shares has been fixed as Tuesday, September 16. Following the bonus issue, the paid-up share capital of the company will increase from ₹1,039.88 lakh (5,19,93,920 shares) to ₹3,119.64 lakh (15,59,81,760 shares).

Also Read: Godfrey Phillips Q4 Results: Profit up 30%, strong revenue growth; announces ₹60 dividend

In addition to the bonus issue, the company’s board has approved an increase in the authorised share capital from ₹25 crore to ₹50 crore. This change will be accompanied by an alteration to Clause 5 of the Memorandum of Association, subject to shareholder and regulatory approvals.

The company has also fixed Friday, August 22, as the record date for the payment of the final dividend for FY25. The register of members and share transfer books will remain closed from August 23 to September 4 (both days inclusive), in connection with the company’s 88th annual general meeting.

The results came after the close of the market hours. Shares of Godfrey Phillips India Ltd ended at ₹8,992.05, up by ₹218.35 or 2.49%, on the BSE today (August 4).

Also Read: Godfrey Phillips Q3 Results | Net profit jumps 49% to ₹316 crore, revenue surges 27%

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