Godfrey Phillips hits record high on 2:1 bonus issue

Godfrey Philips has business presence in manufacturing of cigarettes, chewing products & tobacco products, trading of cigarettes, tobacco products, tea & other retail products, trading & distribution of vaping products, acquisition of securities and real estate development.

The company reported 10.2% decline in consolidated net profit to Rs 228.56 crore in Q1 FY25 as against Rs 254.45 crore recorded in the same period a year ago. However Revenue from operations grew by 12% year on year to Rs 1,158.22 crore in the quarter ended 30 June 2024.

The scrip hit an all time high of Rs 7,320 in today's intraday session.