Cigarette maker’s March-quarter revenue grows 13.6 per cent, while the board recommends a final dividend of Rs 33 per equity share for FY26
Godfrey Phillips India reported an 86.7 per cent year-on-year increase in consolidated net profit for the quarter ended 31 March 2026, aided by robust operational growth and improved margins.
The company posted a consolidated net profit of Rs 521.4 crore in the March quarter, compared to Rs 279.3 crore in the corresponding period last year.
Revenue from operations rose 13.6 per cent year-on-year to Rs 1,787.3 crore from Rs 1,573.4 crore in the year-ago quarter.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) climbed to Rs 552.8 crore during the quarter, against Rs 269.1 crore in the same period last year. Ebitda margin expanded sharply to 30.9 per cent from 17.1 per cent a year earlier.
Total expenses for the quarter stood at Rs 2,968.42 crore, higher than Rs 1,663.92 crore recorded in the corresponding quarter of the previous fiscal.
Final Dividend Declared
For FY26, the company reported a consolidated net profit of Rs 1,526 crore, compared to Rs 1,072.31 crore in FY25. Annual consolidated revenue from operations increased to Rs 9,121 crore from Rs 6,767.49 crore in the previous financial year.
The board recommended a final dividend of Rs 33 per equity share, equivalent to 1650 per cent, for the financial year ended 31 March 2026, subject to shareholders’ approval at the upcoming annual general meeting (AGM).
“The dividend, if approved at the AGM, will be paid within 30 days from the date of the meeting. The payment date will be intimated in due course.”
Shares of Godfrey Phillips India ended at Rs 2,422.50 on the BSE on 15 May, down 1.45 per cent or Rs 35.65 from the previous close.

