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Godfrey Phillips India Ltd News

Bina Modi withdraws contempt plea against sons Lalit and Samir Modi

Samir Modi, the executive director of Godfrey Phillips, had accused his mother of orchestrating an attack on him to gain leverage in the ongoing inheritance dispute

Bina Modi withdraws contempt plea against sons Lalit and Samir Modi
Updated On : 23 Jul 2024 | 10:36 AM IST

This KK Modi Group stock has zoomed 121% thus far in calendar year 2024

Shares of Godfrey Philips India, a flagship company of KK Modi Group, hit a record high of Rs 4,785.5 as they surged 17.8 per cent on the BSE on Monday

This KK Modi Group stock has zoomed 121% thus far in calendar year 2024
Updated On : 15 Jul 2024 | 12:32 PM IST

Gave binding offer to sell 25% of my shares to mother, says Samir Modi

One member of each branch will have a permanent position in all the companies till they have been sold. My father wanted equality and fairness among the four of us, Samir said

Gave binding offer to sell 25% of my shares to mother, says Samir Modi
Updated On : 04 Jun 2024 | 12:07 AM IST

Samir Modi accuses mother Bina of assault amid Rs 11k crore family feud

Godfrey Phillips family inheritance feud: Samir Modi has accused his mother, Bina Modi, her personal security officer, and others of causing him 'grievous hurt'

Samir Modi accuses mother Bina of assault amid Rs 11k crore family feud
Updated On : 01 Jun 2024 | 3:46 PM IST

Godfrey Phillips Q4 results: Consolidated net profit rises 46% to Rs 215 cr

Cigarette maker Godfrey Phillips India Ltd on Thursday reported an increase of 46.25 per cent in its consolidated net profit to Rs 215.12 crore for the fourth quarter ended March 2024. The company had posted a net profit of Rs 147.09 crore during the January-March period of the previous fiscal, according to a regulatory filing from Godfrey Phillips India. Its revenue from operations increased 22.86 per cent to Rs 1,197.13 crore during the quarter under review, up from Rs 974.40 crore in the corresponding period of the previous fiscal. Total expenses of Godfrey Phillips in the March quarter were up 21.13 per cent at Rs 1,052.66 crore. Its revenue from cigarettes, tobacco and related products was up 22.81 per cent to Rs 1,073.56 crore in Q4 of FY24. Revenue from retail and related products remained flat at Rs 101.42 crore, compared to Rs 100.98 crore a year ago. Godfrey Phillips operates the convenience store chain 24Seven. Total income of Godfrey Phillips India was up 24.06 per c

Godfrey Phillips Q4 results: Consolidated net profit rises 46% to Rs 215 cr
Updated On : 30 May 2024 | 6:24 PM IST

Godfrey Phillips to sell 24Seven business, plans to exit from retail sector

Cigarette maker Godfrey Phillips India on Friday said it has decided to exit from its loss-making retail business 24Seven. The board of the company in a meeting held on Friday "decided to exit from carrying out the business operations of its Retail Business Division," said a regulatory update from Godfrey Phillips India. Godfrey Phillips India was operating 150 stores/kiosks of 24Seven as of December 2023. A decision in this regard was taken following a detailed review of the company's retail business division and after due consideration of the stakeholders' feedback, long-term performance, prevailing market conditions of the retail sector and long-term business strategy of the company, it added. "The exit will be subject to completion of the necessary formalities," it said. Revenue of 24Seven in FY23 was Rs 396 crore, contributing 9.3 per cent of the total revenue from operations for the company. "The Retail Business Division had a negative net worth as on 31st March 2023 on acc

Godfrey Phillips to sell 24Seven business, plans to exit from retail sector
Updated On : 12 Apr 2024 | 4:41 PM IST

Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction

Godfrey Phillips has been one of the key outperformers among SmallCaps thus far in 2024; presently the stock is seen testing support at its trend line, shows daily chart.

Exide, UTI AMC: 5 SmallCaps that hold promise in this market correction
Updated On : 13 Mar 2024 | 1:57 PM IST

Godfrey Phillips Q3 results: Profit rises 6% to Rs 212 cr, revenue up 34%

The company reported a consolidated net profit of 2.12 billion rupees (~$26 mln) for the quarter ended Dec. 31, up 6.6% from last year

Godfrey Phillips Q3 results: Profit rises 6% to Rs 212 cr, revenue up 34%
Updated On : 29 Jan 2024 | 8:11 PM IST