Godfrey Phillips India Limited has informed the Exchange regarding Change in Auditors of the company.
GODFRYPHLP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Godfrey Phillips India reported strong FY25 results with standalone revenue from operations rising to Rs. 675,849 lakhs from Rs. 487,340 lakhs in FY24, a growth of about 39%. Profit from continuing operations grew to Rs. 112,378 lakhs from Rs. 92,322 lakhs, while basic EPS from continuing operations climbed to Rs. 216.14 from Rs. 177.56. The Board recommended a final dividend of Rs. 60 per share (3000%), taking the total FY25 dividend to Rs. 95 per share (Rs. 35 interim already paid). The 24Seven retail business has been classified as discontinued operations after the company decided to exit it. S.R. Batliboi & Co. LLP continues as statutory auditor with an unmodified opinion. M/s Chandrasekaran Associates was appointed as Secretarial Auditor for five years (FY26 to FY30). Mr. Sumant Bharadwaj was re-appointed as Independent Director for a second term, and Mr. Paul Janelle joined as Additional Director representing foreign promoter Philip Morris Global Brands Inc.
Strong revenue and profit growth combined with a total dividend of Rs. 95 per share (yielding well above 4-5% for many investors) should be viewed positively by shareholders. The clean audit report, orderly exit from the loss-making 24Seven retail business, and a new promoter-nominated director reinforce governance stability and focus on the core tobacco business.