Godfrey Phillips India announced that the Board of Directors of the Company at its meeting held on 29 May 2018, inter alia, have recommended the final dividend of Rs 8 per equity Share (i.e. 400%) , subject to the approval of the shareholders.

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Net profit of Godfrey Phillips India declined 22.78% to Rs 43.11 crore in the quarter ended March 2018 as against Rs 55.83 crore during the previous quarter ended March 2017. Sales declined 37.20% to Rs 541.88 crore in the quarter ended March 2018 as against Rs 862.81 crore during the previous quarter ended March 2017.

For the full year,net profit rose 17.90% to Rs 160.76 crore in the year ended March 2018 as against Rs 136.35 crore during the previous year ended March 2017. Sales declined 2.94% to Rs 2281.15 crore in the year ended March 2018 as against Rs 2350.21 crore during the previous year ended March 2017.

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Mahindra & Mahindra Financial Services Ltd, Bank of India, Jubilant Foodworks Ltd and Raymond Ltd are among the other losers in the BSE's 'A' group today, 29 May 2018.

Godfrey Phillips India Ltd lost 6.65% to Rs 744.7 at 14:54 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 45221 shares were traded on the counter so far as against the average daily volumes of 3202 shares in the past one month.

Mahindra & Mahindra Financial Services Ltd tumbled 5.87% to Rs 470.95. The stock was the second biggest loser in 'A' group.On the BSE, 80338 shares were traded on the counter so far as against the average daily volumes of 80885 shares in the past one month.

Bank of India crashed 5.24% to Rs 102.2. The stock was the third biggest loser in 'A' group.On the BSE, 13.51 lakh shares were traded on the counter so far as against the average daily volumes of 6.87 lakh shares in the past one month.

Jubilant Foodworks Ltd corrected 5.07% to Rs 2588.7. The stock was the fourth biggest loser in 'A' group.On the BSE, 75477 shares were traded on the counter so far as against the average daily volumes of 69286 shares in the past one month.

Raymond Ltd shed 4.94% to Rs 1002.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 22949 shares were traded on the counter so far as against the average daily volumes of 38369 shares in the past one month.

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Net profit of Godfrey Phillips India rose 61.26% to Rs 61.99 crore in the quarter ended December 2017 as against Rs 38.44 crore during the previous quarter ended December 2016. Sales rose 31.55% to Rs 572.38 crore in the quarter ended December 2017 as against Rs 435.12 crore during the previous quarter ended December 2016.

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