Last Updated : Feb 10, 2020 11:13 AM IST | Source: Moneycontrol.com

Godfrey Phillips jumps 3% after Q3 profit grows 39% to Rs 113 cr

Total revenue from operations during the quarter under review stood at Rs 797.22 crore as compared with Rs 679.33 crore in the year-ago period.

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Share price of tobacco manufacturer Godfrey Phillips India jumped 3 percent intraday on February 10 after the company reported a 39.16 percent increase in consolidated net profit at Rs 113.89 crore in the third quarter ended December 2019. It had posted a net profit of Rs 81.84 crore in the same quarter last fiscal, Godfrey Phillips India (GPI) said in a regulatory filing.

Total revenue from operations during the quarter under review stood at Rs 797.22 crore as compared with Rs 679.33 crore in the year-ago period, it added. During the third quarter, cigarettes, tobacco and related products clocked revenue of Rs 702.24 crore as compared with Rs 619.45 crore a year ago.

On the other hand, retail and related products had revenue of Rs 93.36 crore as against Rs 77.02 crore in the third quarter last fiscal, it said.

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The stock surged over 89 percent in the last 6 months and was quoting at Rs 1,314.55, up Rs 39.15, or 3.07 percent. It has touched an intraday high of Rs 1,350 and an intraday low of Rs 1,296.75.

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First Published on Feb 10, 2020 11:13 am