Godfrey Phillips Q1 Results Review - Cigarette Volume Grew At 8.1%; Margin Slipped: Centrum Broking

Higher share of unmanufactured tobacco sales cut gross margin by 510 basis points.

<div class="paragraphs"><p>Marlboro Cigarette packet. (Photo: David Trinks/ Unsplash)</p></div>
Marlboro Cigarette packet. (Photo: David Trinks/ Unsplash)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More