Cigarette companies boast about their impressive Q1 results.

Resilient volumes, ongoing premiumization, and innovations propelled Indian cigarette manufacturers to a great performance in the June-ending quarter, with numbers above street projections. Even though the Indian stock market is still extremely volatile, the positive results also caused a significant increase in their shares. Owning the cigarette brands Cavanders, Red & White, and Four Square, Godfrey Phillips produced strong domestic cigarette sales volume growth in Q1 FY26, increasing monthly sales to 1,903 million from 1,497 million in Q1 FY25. This builds on the steady upward trend seen during FY25 and indicates ongoing rise in quarterly sales. In the context of robust volume expansion,