Godfrey Phillips India , a leading cigarette manufacturer, has reported a robust financial performance for the first quarter, coupled with a significant corporate action announcement.

Strong Q1 Performance

The company's net profit for Q1 surged by 55.9% year-on-year to Rs 356.00 crore, compared to Rs 229.00 crore in the same quarter last year. This impressive growth was accompanied by a 36.5% increase in revenue, which reached Rs 1,486.00 crore, up from Rs 1,088.00 crore in the corresponding period.

Operational Metrics

Godfrey Phillips India's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a 25.1% increase, rising to Rs 338.00 crore from Rs 270.00 crore in the previous year. However, the EBITDA margin experienced a slight decline, moving from 24.8% to 22.7%.

Bonus Share Issuance

In a move that is likely to benefit shareholders, the company's board has approved the issuance of bonus shares in the ratio of 2:1. This means shareholders will receive two new fully paid-up bonus equity shares for every one existing fully paid-up equity share held.

Key Details of Bonus Issue

Capital Structure Changes

Post the bonus issue, the company's paid-up share capital will increase significantly:

Dividend Announcement

The board has also set Friday, 22nd August 2025, as the record date for the payment of the final dividend for FY 2024-25. The dividend, if approved at the upcoming 88th Annual General Meeting (AGM), will be paid within 30 days of the AGM.

Corporate Actions Timeline

• 88th AGM Date: Thursday, 4th September 2025
• AGM Mode: Video Conferencing / Other Audio-Visual Means
• Book Closure: 23rd August 2025 to 4th September 2025 (both days inclusive)

Conclusion

Godfrey Phillips India's strong Q1 performance, coupled with the announcement of a bonus share issue, reflects the company's robust financial health and its commitment to enhancing shareholder value. Investors will be keenly watching the upcoming AGM for further insights into the company's future strategies and dividend approval.

Note: All dates mentioned are for the year 2025 as per the provided information.

Godfrey Phillips India Limited , a leading player in the tobacco industry, has reported robust financial results for the first quarter and announced a significant bonus share issue, signaling confidence in its future growth prospects.

Q1 Financial Highlights

For the quarter ended June 30, Godfrey Phillips India delivered a strong financial performance:

• Revenue from operations stood at Rs. 1,807.00 crore, showcasing the company's solid market presence.
• Profit after tax from continuing operations reached Rs. 365.00 crore, indicating healthy profitability.
• The company's 'Cigarettes, Tobacco and related Products' segment remained the primary revenue driver, generating Rs. 1,781.00 crore in revenue.

Bonus Share Issue

In a move that will reward its shareholders, Godfrey Phillips India's Board of Directors has approved a bonus share issue in the ratio of 2:1. This means shareholders will receive two new fully paid-up bonus equity shares for every one existing equity share held. Key details of the bonus issue include:

• Record Date: September 16, 2025
• Pre-bonus paid-up share capital: Rs. 10.40 crore (5,19,93,920 equity shares of Rs. 2 each)
• Post-bonus paid-up share capital: Rs. 31.20 crore (15,59,81,760 equity shares of Rs. 2 each)

The bonus shares will be issued by capitalizing Rs. 20.80 crore from the company's General Reserves and/or Retained Earnings.

Increase in Authorized Share Capital

To facilitate the bonus issue, the Board has approved an increase in the company's Authorized Share Capital from Rs. 25.00 crore to Rs. 50.00 crore, subject to shareholder approval.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs. 60.00 per equity share for the financial year 2024-25, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Annual General Meeting and Record Dates

• The 88th AGM is scheduled for September 4, 2025, to be held via video conferencing.
• Record Date for final dividend: August 22, 2025
• Book closure for AGM: August 23, 2025, to September 4, 2025 (both days inclusive)

Segment Performance

The company's financial results show strong performance across its business segments:

Discontinued Operations

Godfrey Phillips India has discontinued its 24Seven retail business operations, aligning with its strategic focus on core tobacco-related businesses.

Dr. Bina Modi, Chairperson & Managing Director of Godfrey Phillips India, commented on the results, stating, "Our strong first-quarter performance reflects the resilience of our business model and the continued demand for our products. The bonus share issue underscores our commitment to delivering value to our shareholders and our confidence in the company's future growth prospects."

The company's robust financial performance, coupled with shareholder-friendly initiatives like the bonus issue and dividend announcement, positions Godfrey Phillips India for continued success in the tobacco industry.