Godfrey Phillips India Ltd. (GPI) saw its stock price soar by 35% in just two days following the release of impressive Q3 results. Today, as of 12 PM, the shares were trading 15.56% higher at Rs 6,933.25.
The company reported a remarkable 48.7% year-on-year (YoY) growth in net profit, reaching ₹315.9 crore for the quarter ended December 31, 2024, up from ₹212.4 crore in Q3 FY23.
This strong performance was driven by a 27.3% YoY increase in revenue, which rose to ₹1,591.2 crore compared to ₹1,249.6 crore in Q3 FY23. Godfrey Phillips’ operational efficiency also showed notable improvement, with EBITDA growing 57.6% YoY to ₹358.8 crore, up from ₹227.7 crore in the same quarter last year. As a result, the company’s EBITDA margin expanded to 22.6% from 18.2% in Q3 FY23.
Godfrey Phillips shares opened at ₹5,850.00, with a high of ₹7,148.80 and a low of ₹5,555.25 in recent trading. Over the past 52 weeks, the stock has reached a high of ₹8,480.00 and a low of ₹2,530.70.
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