Godfrey Phillips India Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
GODFRYPHLP · price
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Godfrey Phillips India reported strong FY25 results with standalone revenue from operations rising ~38.7% to Rs. 6,758 crore (vs Rs. 4,873 crore in FY24), driven by the cigarettes and tobacco segment. Standalone profit from continuing operations grew ~21.7% to Rs. 1,124 crore. Consolidated profit grew ~21.3% to Rs. 1,072 crore. The board recommended a final dividend of Rs. 60 per share (3,000%), taking total FY25 dividend to Rs. 95 per share including the interim Rs. 35 already paid. Auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The 24Seven retail business, classified as a discontinued operation, reported a loss of Rs. 81 crore for FY25 and previous periods were restated. The board also re-appointed an independent director, appointed a Philip Morris Global nominee director, and appointed new secretarial auditors for 5 years.
Strong revenue growth, healthy dividend yield, and a clean audit opinion are positive for shareholders. The exit from the loss-making retail business should sharpen focus on the core, high-margin tobacco segment, while the increased dividend signals robust cash generation and shareholder-friendly capital allocation.