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Godfrey Phillips Q3 Results: Profit rises 9%; cigarette biz drives over 99% revenueGodfrey Phillips India Ltd posted Q3FY26 profit of ₹343.3 crore, up 8.7%, with revenue rising 15%. Marco Mariotti appointed director. Cigarettes segment contributed 99% to the total revenue.By Gareema Bangad  January 30, 2026, 6:12:27 PM IST (Updated)2 Min Read(Photo Credit : Godfrey Phillips India (Wikipedia))Godfrey Phillips India Ltd on Friday, January 30, reported a healthy performance for the December quarter, with profit rising nearly 9% year-on-year, supported by strong revenue growth, even as margins moderated.

The cigarette maker posted a consolidated net profit of ₹343.3 crore in Q3FY26, up 8.7% from ₹315.8 crore in the same period last year. Revenue from operations grew a robust 15% YoY to ₹1,828 crore, compared with ₹1,588 crore a year ago, driven by higher volumes and steady pricing across its core cigarette portfolio.

Operating performance remained positive, with EBITDA increasing 5.2% YoY to ₹380 crore from ₹361.2 crore in the year-ago quarter. However, EBITDA margin slipped to 20.8% from 22.7% last year, reflecting higher input costs, increased employee expenses and elevated excise duties during the quarter.

The cigarettes, tobacco and related products segment continued to dominate performance, contributing over 99% of total revenue and the bulk of operating profit. The ‘others’ segment remained relatively small but posted an improvement in profitability on a year-on-year basis.

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For the nine months ended December 31, 2025, Godfrey Phillips reported consolidated revenue of ₹5,635 crore, up from ₹4,879.7 crore in the corresponding period last year, while net profit rose to ₹1,004.6 crore from ₹792.7 crore a year ago.

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On the corporate front, the board approved the appointment of Marco Mariotti as an additional non-executive director, representing the interests of Philip Morris Global Brands Inc, subject to shareholder approval. The company also reiterated that the impact of the newly-implemented labour codes remains immaterial.

Godfrey Phillips had earlier declared an interim dividend of ₹17 per share for FY26, which has already been paid.

Shares of the company ended 0.49% higher at ₹2,036 ahead of the results announcement on Friday. The stock has dropped 23.50% in the past one month.Continue Reading(Edited by : Shoma Bhattacharjee)First Published: Jan 30, 2026 6:11 PM ISTTagsearningsGodfrey Phillips IndiaQ3 resultsstock market newstobacco products