Godfrey Phillips India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Godfrey Phillips India Ltd reported a 15.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 7.6%.
• Its expenses for the quarter were down by 14.7% QoQ and 12.3% YoY.
• The net profit decreased 14.4% QoQ and increased 22.8% YoY.
• The earnings per share (EPS) of Godfrey Phillips India Ltd stood at 19.56 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Godfrey Phillips India Ltd is one of the leading companies in the tobacco industry in India. Known for its flagship cigarette brand Four Square, the company also produces and distributes other tobacco products, including chewing tobacco and cigars. Beyond tobacco, Godfrey Phillips has diversified into the confectionery space and has a presence in the fast-moving consumer goods (FMCG) sector. The company is part of the Modi Enterprises conglomerate and has a significant market presence in India. Currently, there are no specific major developments or news available for the company in the recent past that can be highlighted.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Godfrey Phillips India Ltd reported a total income of ₹1,326.20 crores. This figure reflects a quarter-over-quarter (QoQ) decline of 15.1% compared to the first quarter of FY26, where the total income was ₹1,562.91 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), the total income decreased by 7.6% from ₹1,435.31 crores. This indicates a reduction in revenue generated over both the sequential and annual periods.

Profitability

The company achieved a profit before tax (PBT) of ₹319.45 crores in Q2FY26. This represents a decrease of 16.7% on a QoQ basis compared to the previous quarter's PBT of ₹383.29 crores. However, on a year-over-year (YoY) basis, the PBT increased by 11.4% from ₹286.86 crores in Q2FY25. The tax expense for Q2FY26 was ₹78.33 crores, which decreased by 14.6% QoQ but decreased by 12.4% YoY. The profit after tax (PAT) for the quarter amounted to ₹304.99 crores, marking a decline of 14.4% QoQ from ₹356.28 crores, but it saw a YoY increase of 22.8% from ₹248.31 crores. The earnings per share (EPS) for the quarter were ₹19.56, showing a significant decrease of 71.5% QoQ and 59.2% YoY.

Operating Metrics

In terms of operating metrics, Godfrey Phillips India Ltd incurred total expenses of ₹1,006.75 crores in Q2FY26. This reflects a reduction of 14.7% compared to the previous quarter's expenses of ₹1,179.62 crores and a 12.3% decrease compared to Q2FY25, where expenses were ₹1,148.45 crores. The company has shown a decrease in total expenses which correlates with the drop in total income. Despite the reduction in expenses, the decline in income has impacted profitability metrics, as reflected in the PBT and PAT figures. The EPS also witnessed a significant drop, which could be indicative of various underlying operational factors affecting shareholder returns for the period under review.