Godfrey Phillips India Limited has informed the Exchange regarding Appointment of Mr. Paul Janelle as Additional Director (Non- Executive and Non-Independent) of the company w.e.f. May 16, 2025.
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's board met on May 15, 2025 and approved audited standalone and consolidated financial results for Q4 and FY25 (year ended March 31, 2025) with an unmodified opinion from S.R. Batliboi & Co. LLP. Standalone revenue from operations grew to Rs. 6,758 crore (up ~39% YoY from Rs. 4,873 crore), and profit before tax from continuing operations rose to Rs. 1,442 crore from Rs. 1,143 crore. A final dividend of Rs. 60 per share (3,000%) has been recommended, taking the total FY25 dividend to Rs. 95 per share including the Rs. 35 interim dividend already paid. The board approved the appointment of Mr. Paul Janelle as an Additional (Non-Executive, Non-Independent) Director effective May 16, 2025, representing foreign promoter Philip Morris Global Brands Inc., and re-appointed Mr. Sumant Bharadwaj as Independent Director for a second 5-year term from February 2026. M/s Chandrasekaran Associates was appointed as Secretarial Auditor for five years (FY26–FY30). The discontinued 24Seven retail business reported a Rs. 80.6 crore loss for the year.
A strong FY25 with double-digit profit growth and a hefty total dividend of Rs. 95/share (yield is significant) is positive for shareholders. The closure of the loss-making 24Seven retail business removes a drag on future earnings. The Philip Morris nominee appointment is routine and reflects promoter alignment rather than a governance concern.