Godfrey Phillips India Ltd has announced an interim dividend of ₹17 per equity share for the financial year ending March 31, 2026. The Board of Directors approved the payout during a meeting held earlier this week, setting November 10, 2025, as the record date to determine eligible shareholders. The dividend—equivalent to 850% on shares of ₹2 face value—will be disbursed within 30 days from the date of declaration.
In a stock exchange filing, the company stated, “The Board of Directors declared an interim dividend of 850% i.e. ₹17 per equity share of ₹2 each for FY2025–26. The dividend amount will be paid within 30 days to shareholders whose names appear on the record date, Monday, November 10, 2025.”
Management Commentary on Q2FY26 Performance
Sharad Aggarwal, Chief Executive Officer of Godfrey Phillips India, said the company continued to maintain its growth momentum in the first half of FY26. It reported a consolidated gross sales value of ₹8,068 crore and a net profit of ₹661 crore from continuing operations, reflecting a 23% and 22% year-on-year increase, respectively.
Aggarwal attributed the strong performance to enhanced operational efficiency and expanding market reach. Domestic cigarette volumes grew 25% year-on-year in H1FY26, while unmanufactured tobacco exports declined 15% compared to H1FY25. However, the company expects export performance to improve in the second half, supported by crop development initiatives and long-standing customer relationships.
He added that the improved financial results enabled the company to reward shareholders with an interim dividend of ₹17 per share, following the recent bonus share issuance in a 2:1 ratio.
Summary
Godfrey Phillips India Ltd has declared an interim dividend of ₹17 per share for FY26, with November 10, 2025, as the record date. The payout, representing 850% on face value, will be distributed within 30 days. Backed by a strong first-half performance marked by a 22% rise in net profit and 25% growth in domestic sales, the company continues to emphasize operational excellence and shareholder value creation.
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