Godfrey Phillips Q2 profit down 37% to Rs 190 cr; revenue up twofold at Rs 4,198 cr

What happened: Godfrey Phillips India reported a 37 percent fall in Q2 net profit to Rs 190 crore, while revenue from operations doubled to Rs 4,198.17 crore. Key numbers: Net profit Rs 190 crore versus Rs 304.99 crore a year ago. Revenue Rs 4,198.17 crore. Total expenses Rs 4,027.39 crore. Total income Rs 4,241.81 crore. Shares settled at Rs 1,800, up 1.3 percent. Why it matters: CEO Sharad Aggarwal attributed the profitability decline of 41 percent to the steep tax increase implemented in Q4 of FY26. The company has adopted a calibrated pricing strategy to contain the impact on volumes.

Godfrey Phillips India reported a 37 percent fall in Q2 net profit to Rs 190 crore, while revenue from operations doubled to Rs 4,198.17 crore.

CEO Sharad Aggarwal attributed the profitability decline of 41 percent to the steep tax increase implemented in Q4 of FY26. The company has adopted a calibrated pricing strategy to contain the impact on volumes.