Godfrey Phillips India posts Q4 net profit at Rs 43 cr
The company had reported a net profit of Rs 55.83 crore in the January-March quarter a year ago, Godfrey Phillips said in a BSE filing.
Cigarette maker Godfrey Phillips India today reported standalone net profit at Rs 43.11 crore for the fourth quarter ended March 2018.
The company had reported a net profit of Rs 55.83 crore in the January-March quarter a year ago, Godfrey Phillips said in a BSE filing.
Its total income from operations stood at Rs 586.27 crore during the quarter under review. It was Rs 1,349.79 crore for the corresponding period a year ago.
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Meanwhile, the company informed that its results were not comparable due to introduction of GST from July 1, 2017.
Moreover, it had a exceptional gain in the fiscal due to sale of its packaged tea business to Goodricke Group.
Godfrey Phillips' overall expenses stood at Rs 525.41 crore.
For the entire 2017-18 fiscal, Godfrey Phillips had a consolidated net profit of Rs 158.81 crore. It posted a net profit of Rs 136.63 crore in 2016-17.
Its total income stood at Rs 2,945.31 crore as against Rs 4,459.10 crore in 2016-17.
Shares of Godfrey Phillips India today settled 5.10 per cent down at Rs 757.05 apiece on the BSE.
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