Godfrey Phillips Q2 FY26 – Profitability Improves Despite Revenue Dip

Godfrey Phillips posted a mixed Q2 FY26 performance, with a slight decline in revenue, but strong bottom-line growth supported by better margins and cost efficiencies. • Sales: ↓ 5% YoY to ₹1,289 crore (vs ₹1,360 crore in Sep 2024) • EBIDT: ↑ 13% YoY to ₹314 crore (vs ₹277 crore) • Net Profit: ↑ 19% YoY to ₹305 crore (vs ₹248 crore) • EPS: ↑ 23% YoY to ₹19.56 (vs ₹15.92) At a price of ₹3,108, market cap ₹48,485 crore, and PE 38.1, the company continues to show improving operational performance, though future revenue visibility remains essential to sustain valuation.