Godfrey Phillips Q2 Profit Falls 37% to Rs 190 Cr, Revenue Doubles
Godfrey Phillips India Ltd reported a 37.73% decline in net profit for Q2, mainly due to a significant tax increase compared to the previous fiscal year. Despite this, the company's total consolidated income rose to Rs 8,139.64 crore in the first half of FY27. To offset volume losses from higher taxes, the company adopted a tactical pricing strategy.
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