Godfrey Phillips India Ltd’s shares went up by 2 per cent after the company announced its Q1 results. Revenue, EBITDA, and PAT recorded 26.2 per cent, 21 per cent, and 115.5 per cent growth, respectively. According to a report by Centrum Broking, a 120 per cent increase in tobacco leaf exports to Rs 310 crore and an 8.1 per cent growth in cigarette volume, drove a 28.7 per cent rise in tobacco revenues. Additionally, non-tobacco segments, including TFS (The Fruit Shop) and Funda Goli, reported 8.1 per cent growth. The shares went up by 2 per cent to Rs 2,109 at 1:22 p.m. on BSE.

Source: The Hindu July 31, 2023 21:09 UTC