|
However, revenue from operations grew by 13.66% YoY to Rs 1,150.45 crore in the quarter ended 30 September 2023.
Profit before tax stood at Rs 218.52 crore, down 8.17% in Q2 FY24 as compared with Rs 237.98 crore posted in Q2 FY23.
During the quarter, total expenses rose 19.8% YoY to Rs 1,194.78 crore. Cost of materials consumed stood at Rs 277.36 crore (up 28.97% YoY) while employee benefits expenses was at Rs 83.53 crore (up 7.05% YoY) during the period under review.
On segmental front, revenue from cigarettes, tobacco and related products grew 16.65% YoY to Rs 1,258.48 crore while retail and related products revenue was Rs 117.26 crore, up 4.33% YoY in Q2 FY24 over Q2 FY23.
On half yearly basis, the company reported 32.67% rise in consolidated net profit to Rs 456.53 crore on 19.26% rise in revenue from operation to Rs 2,184.56 crore in H1 FY24 over H1 FY23.
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.
|