Godfrey Phillips India Stock Surges 10% on Strong Q1 Earnings and Bonus Issue
Godfrey Phillips India's shares rallied 10% to hit a 52-week high after reporting a 56% jump in Q1FY26 consolidated net profit to ₹356.31 crore. Revenue from operations climbed 33% to ₹1,813.26 crore, despite rising expenses.
The board approved a 2:1 bonus share issue, with a record date set for September 16, 2025. Authorization was also granted to double the company's share capital from ₹25 crore to ₹50 crore, signaling confidence in future growth prospects.