Godfrey Phillips India has reported results for third quarter ended December 31, 2013.
The company has reported 43.75% rise in its net profit at Rs 70.74 crore for the quarter, as compared to Rs 49.21 crore for the same quarter in the previous year. Total income from operations of the company increased by 18.26% at Rs 640.33 crore for quarter under review as compared to Rs 541.45 crore for the quarter ended December 31, 2012.
Godfrey Phillips India’s core business is manufacturing cigarette. Under this division has created brands like Four Square, Red and White, Jaisalmer, Cavanders and Tipper. The company has also initiative in developing products such as Stellar, the first slim cigarette and I-gen, the first euro norm cigarette in India.
