Godfrey Phillips stock hits 52-week high, rallies 10 pc after Q1 earnings
The scrip of the company rallied 10 per cent in the mid session each to hit a 52-week high of Rs 9,891.25 and Rs 9,881.50 — also its upper price band — on the BSE and NSE, respectively.
Meanwhile, the market is trading in the negative territory. The 30-share BSE Sensex declined 380.92 points or 0.47 per cent to 80,637.80. The NSE Nifty fell 113.50 points or 0.46 per cent to 24,609.25.
In a regulatory filing on Monday, Godfrey Phillips India Ltd reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first quarter ended June 2025, riding on higher sales.
The company, which posted a consolidated net profit of Rs 228.55 crore in the corresponding quarter last fiscal, said its board has approved issuance of bonus equity shares in the proportion of 2:1, the company said.
Its consolidated total revenue from operations in the quarter under review stood at Rs 1,813.26 crore as against Rs 1,358.81 crore in the year-ago period, it added.
Total expenses in the quarter were higher at Rs 1,506.68 crore as compared to Rs 1,118.49 crore in the same period a year ago, the company said.
Godfrey Phillips India said its board of directors at its meeting held on August 4, 2025 approved issuance of bonus equity shares in the proportion of 2:1 — two new fully paid-up bonus equity shares of Rs 2 each for every one existing fully paid-up equity share of Rs 2 each, by capitalisation of general reserves and/or retained earnings.
The issuance of the bonus shares is subject to the approval of the shareholders of the company and other regulatory approvals, it added. PTI HG HG ANU ANU
view comments
First Published:
August 05, 2025, 14:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
2 minutes ago
- India.com
Trump's 50% tariffs on India! which sectors will impact? study says ‘estimated impact of…'
U.S. President Donald Trump has announced a 50% tariff on Indian goods, which will take effect from August 7. This move raised major concerns about its potential impact on the Indian economy. However, there's some good news a new report suggests the impact will be minimal. According to a study by the PHD Chamber of Commerce and Industry (PHDCCI), the tariff is expected to affect India's GDP by only 0.19%, which is almost negligible. Out of India's total exports worth $86.5 billion, only $8.1 billion around 1.87% will be affected by this move. Trump Tariffs: What PHDCCI Study Says? The paper, released by the PHD Chamber of Commerce and Industry (PHDCCI), also recommends a series of measures to mitigate the impact of US tariffs. 'Our analysis indicates that there will be an estimated impact of only 1.87 per cent on India's total global merchandise exports and a negligible 0.19 per cent on India's GDP as a result of a 25 per cent tariff announced by the US on India,' said Hemant Jain, President, PHDCCI. The study said the total potential export impact is estimated at USD 8.1 billion based on 2024-25 merchandise exports of USD 86.5 billion (1.87 per cent of India's total global export). Which Sectors Will Impact By Trump Tariffs? Among other sectors, the study said the levies would impact engineering goods (USD 1.8 billion), gems and jewellery (USD 932 million), and ready-made garments (USD 500 million). In the wake of the US tariffs, the industry body has recommended several measures, including increasing market penetration, product development and market diversification. It suggested that stakeholders should negotiate bundled-pricing deals (textiles plus accessories) to absorb some tariff cost and maintain shelf-price competitiveness. 'Leverage Indian diaspora networks (trade fairs, cultural events) to boost volume with existing buyers under current product portfolios,' it said. PHDCCI also made a strong case for investments in joint ventures with US firms to produce tariff-sensitive goods on-shore, thereby converting exports into high-value services and intellectual property (IP) licensing. (With Inputs From PTI)
Time of India
5 minutes ago
- Time of India
Greater Noida to Faridabad in just 30 minutes? UP govt reveals plan to cut travel time
Live Events Progress on the project (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Uttar Pradesh government has cleared the development of a second link road connecting Greater Noida and Faridabad via the Manjhawali bridge over the Yamuna, aiming to slash travel time between the two cities to just 30 with only 50% of the 23-km stretch of the Faridabad-Noida-Ghaziabad (FNG) Expressway in Noida complete, commuters are forced to take a longer route through traffic-heavy areas of Delhi and Noida — a journey that can take up to two new four-lane corridor, branching off from the Yamuna Expressway and the Eastern Peripheral Expressway, is set to become a vital link, especially for travellers from Haryana once flights begin from the upcoming Noida airport. It is also expected to ease congestion on the Kalindi Kunj flyover and Noida Expressway — both key connectors between Haryana, Delhi, and chief secretary SP Goyal approved Rs 65.5 crore for the Faridabad-Greater Noida Integrated Circuit during a high-level meeting on Monday to review the progress of key infrastructure projects under the public works department (PWD).Under the project, UP will construct a 1.7-km stretch from Atta Gujran up to the Haryana border, where the road will connect with an existing road, the Manjhawali bridge and Jasana in Faridabad. A 3km stretch will also be widened under the the project was first proposed in 2014, it has been plagued by repeated of the 630-metre-long Manjhawali bridge alone took over four years to commence and missed six deadlines before finally becoming operational in December despite being open, the bridge has remained largely underutilised due to the lack of a connecting road on the Uttar Pradesh side — held up by funding issues and land acquisition contrast, the approach road on the Haryana side is already said around seven hectares of land need to be acquired for the project. So far, land registry agreements have been signed with half of the 110 affected district administration has already received Rs 25 crore to compensate the affected farmers, and additional funds have been proposed to fast-track the acquisition construction of the long-awaited Faridabad-Noida-Ghaziabad (FNG) Expressway remains incomplete.
India Today
10 minutes ago
- India Today
Ahmedabad car showroom staff sold 68 vehicles, cheated company of Rs 9.71 crore
An Ahmedabad car showroom manager and assistant manager have been arrested for allegedly defrauding their employer by selling 68 cars without informing the company, resulting in a loss of approximately Rs 9.71 fraud came to light during an internal audit conducted in July, prompting the company's CEO, Rajneesh Arora, to file a police to the complaint, the audit of the company's trust department revealed that 53 second-hand cars purchased by the company were missing, and another 15 cars existed only on paper - bringing the total to 68 unaccounted A deeper investigation found that showroom manager Jitendra Sharma and assistant manager Chirag Dutt had sold these cars to various car dealers between April and July without entering the transactions into company said that Chirag Dutt had previously committed a similar offence. During his previous employment, he allegedly sold a car using a duplicate registration certificate book. A petition had been filed against him with the Crime Branch at the time, though no FIR was CEO explained that the company typically purchases a customer's old car when they buy a new one from the showroom, offering a fixed buyback amount. Sharma and Dutt exploited this process by directly contacting customers and selling the old cars to third-party inquiry, the company discovered that Chirag had personally sold 16 cars as an agent and kept the full payment. He also reportedly collected a commission of ?10,000 on each avoid detection, the duo routed payments received from these unauthorised sales into company accounts to cover other official car purchases - thereby maintaining the illusion of normal operations. However, they were caught when several car records were found missing during the accused are now in police custody.- Ends IN THIS STORY#Ahmedabad#Gujarat
