Delhi Court Quashes Defamation Case Against Samir Modi in Godfrey Phillips India Dispute
A Delhi Court has dismissed a defamation case filed by directors of Godfrey Phillips India Ltd against Samir Modi. The case, related to statements about an alleged assault during a board meeting, was quashed as the court found no merit in the defamation charges. The ruling emphasized that reporting a police complaint should not be considered defamatory, highlighting the balance between free speech and defamation in corporate disputes.
16May 25
Godfrey Phillips India Reports Strong Q4 Results, Announces Dividend
Godfrey Phillips India's Q4 consolidated net profit rose 30.7% to ₹293.96 crore, with revenue jumping 70.6% to ₹1,887.79 crore. The company's full-year net profit grew 24.45% to ₹1,152.89 crore. A dividend of ₹60 per equity share has been recommended.
15May 25
Godfrey Phillips India Reports Robust Q4 Financial Performance and Announces ₹60 Dividend
Godfrey Phillips India announced impressive Q4 financial results, with revenue soaring 79.92% to ₹1,573.40 crore. Net profit increased by 30% to ₹279.60 crore, and EBITDA grew 41.21% to ₹269.00 crore. The company also recommended a dividend of ₹60 per equity share. Despite overall growth, there was a slight decrease in EBITDA margin.
04Mar 25
Godfrey Phillips India Faces SEBI Warning for Alleged Regulatory Violations
Godfrey Phillips India, a major tobacco company, has received an administrative warning from SEBI for alleged violations of multiple regulations. The specific nature of these violations remains undisclosed. This regulatory action could potentially impact the company's reputation, investor confidence, and market standing. Godfrey Phillips India has not yet issued a public response to the warning.
Godfrey Phillips India's stock price has doubled over the past year, showing a 103% increase. However, it recently experienced a 21% decline in the last five trading sessions due to concerns about potential GST rate increases on tobacco products. Despite this, the company reported strong financial performance with a 49% year-over-year growth in Q3 FY2025 consolidated net profit, reaching ₹315.84 crore. Analysts view the recent correction as a potential buying opportunity, citing the company's strong fundamentals and market position.