Godfrey Phillips Q3 net up 22%

Cigarette-maker Godfrey Phillips India (GPI) today posted a 22.26% increase in net profit to Rs 45.91 crore for the third quarter ended December 31, 2011.

GPI's net profit for the three months ended December 31, 2010, stood at Rs 37.55 crore, it said in a filing to the BSE.

In Images: Is the much-hyped Aakash tablet a washout?

The firm's net sales for the quarter ended December 31, 2011, increased by 13.46% to Rs 473.08 crore from Rs 416.93 crore in the third quarter last fiscal.

The company manufactures and distributes brands like Marlboro and Four Square.

In Images: Bajaj Auto unveils new Pulsar 200NS

GPI scrips were trading at Rs 3,201 per share on the BSE, up 10.55% from their previous close.

SEARCH