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Q4 RESULTS FOR : GODFREY PHILLIPS INDIA :EXPLAINED ?

Net Profit Down 20% IN Q4 Results .

After Yesterdays Results Today Stock price Down Corrected 981.35 (-3.60%) when Comparing with previous day Close at 1017.95.

Cigarette producer Godfrey Phillips India Yesterday revealed a 20.5 percent decrease in consolidated net profit to Rs 38.43 crore for the final quarter finished March 31.

The organization had posted a net profit of Rs 48.34 crore during the January-March quarter of the past Year.

Its Total Income raised 4.82 percent to Rs 709.04 crore during the quarter under audit as against Rs 676.38 crore in the relating time frame.

Godfrey Phillips’ all Expenses at Rs 653.71 crore in Q4 FY 2019-20.

Its income from cigarette, tobacco and related items timed income of Rs 589.70 crore as contrasted and Rs 572.18 crore a year prior.

While income from retail and related items remained at Rs 91.43 crore as against Rs 73.24 crore, it said.

For the monetary 2019-20, Godfrey Phillips’ net Profit was up 47.90 percent to Rs 384.28 crore. It was Rs 259.82 crore in the earlier year.

Its Total Income in the financial was Rs 3,174.89 crore, up 17.97 percent It was Rs 2,691.34 crore in 2018-19 Last Financial Year .

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