Mid Cap Tobacco Company Announces 2200% Dividend, Rise In Q4 Net Profit

Mid cap company from the Tobacco sector, Godfrey Phillips India Ltd on Tuesday announced 2200% final dividend on May 27, 2023. Godfrey Phillips India share price ended with a decline of 1.27% at Rs 1744.55 apiece intraday on BSE. Godfrey Phillips India stock gave return of 47% in last 1-year. Check details below:

Godfrey Phillips India Declares Dividend: According to the BSE filing of the company, "Final Dividend of 2200% i.e. Rs.44 per equity Share of Rs. 2/- each for the financial year ended March 31, 2023, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company ("AGM"). The dividend declared in the AGM will be paid within 30 days from the date of declaration, the date of payment of dividend shall be intimated in due course of time."

Godfrey Phillips India Stock Performance & Return: Last trading price of Godfrey Phillips India share is Rs 1744.55 per share on BSE. Godfrey Phillips India stock 52-week high price is Rs 2149.35 per share and 52-week low price is Rs 1015.45 per share, respectively. The mid cap company has a market capitalisation of Rs 9,070.60 crore. Godfrey Phillips India stock rallied 94% in last 2-years, 77% in last 3-years, and 128% in last 5-years.

Godfrey Phillips Q4: The leading cigarette maker declared a surge of 6.41% in its consolidated net profit to Rs 110.54 crore for the quarter ended March 2023. It had declared a net profit of Rs 103.88 crore during the January-March quarter of the previous fiscal, according to the BSE filing. The company's revenue from operations rallied 14.33% to Rs 968.40 crore during the quarter under consideration as against Rs 846.95 crore announced in the corresponding period of the preceding fiscal. The total expenses declared at Rs 869.01 crore, up 17.8 % in Q4 FY23 as against Rs 737.72 crore.

Godfrey Phillips About: Godfrey Phillips India is one of the largest FMCG companies in the country with many iconic cigarette brands like Four Square, Red & White, and Cavanders to its name. Godfrey Phillips India has expanded its product portfolio beyond cigarettes and tobacco and entered India's highly competitive confectionery segment and retail, according to its official website.