Godfrey Phillips India (500163) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 saw consolidated gross sales value of Rs. 4,094 crore and net profit of Rs. 356 crore, up 33% and 25% year-over-year, respectively.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, with limited review by auditors and no material misstatements found.

• Final dividend of Rs. 60 per share for FY 2024-25 recommended, pending AGM approval.

• Bonus issue of 2:1 (two new shares for every one held) approved, subject to shareholder and regulatory approval.

• Exit from retail business (24Seven) completed in Q4 FY25; results now reflect discontinued operations.

Financial highlights

• Gross sales value rose 32.6% year-over-year to Rs. 4,094 crore; net revenue up 36.5% to Rs. 1,486 crore.

• Consolidated Q1 FY26 revenue from operations: Rs. 181,326 lakhs, up from Rs. 135,881 lakhs YoY.

• Consolidated net profit from continuing operations: Rs. 35,628 lakhs, up from Rs. 28,472 lakhs YoY.

• EPS (consolidated, continuing): Rs. 68.53 vs. Rs. 54.94 YoY.

• Domestic gross sales value at Rs. 3,606 crore; international at Rs. 458 crore.

Outlook and guidance

• Growth momentum expected to continue with focus on new cigarette markets and international business.

• Strategic partnership with Philip Morris International to strengthen Marlboro brand in India.

• Bonus shares to be credited within two months of Board approval, subject to necessary approvals.

• 88th AGM scheduled for September 4, 2025; final dividend to be paid within 30 days of approval.