Godfrey Phillips India Ltd. Q1 Results; Net Profit Fall 54%:
In the first place, Godfrey Phillips India Ltd. declared, its net benefit of Rs. 55.09 Cr with a 53.56% fall on August 24th. While the organization additionally posted its united net benefit of Rs. 118.63 Cr in a similar quarter a year ago.
In addition, the organization's total revenue remained at Rs. 503.60 Cr with a 41.33% fall in this quarter finished on 30th June. The organization additionally posted its absolute income of Rs. 858.49 Cr in a similar quarter a year ago.
Moreover, the organization on August fifteenth announced its Q1FY21 result. The organization's absolute costs declined by 35.55% and remained at Rs. 440.85 Cr in the current quarter. Additionally, its gross advance portfolio remained at Rs. 681.75 Cr in the most recent year.
Godfrey Phillips India Limited offers exchanged with lost 8.75 focuses arrived at 941.60 INR with 0.92% down. Its offers recently shut down at 950.35 INR. The organization shares exchanged on the National Stock Exchange.
Stock Market Update:
Stock Market August 24th: On Monday, both Sensex and Nifty appear to exchange a bullish pattern in the stock market. The Sensex stood exchanged addition with 38,799.08 levels and Nifty stood exchanged increase with 11,466.45 levels. The Sensex raised 364.36 focuses with a 0.95% increase. In addition, Nifty has raised 94.85 focuses with a 0.83% increase.
Then again, the quantity of affirmed or coronavirus cases in India arrived at 31,05,185 as of August 24th, and passings arrived at 57,692.
In the fringe showcase, the S&P BSE Midcap list announced a bullish pattern in the securities exchange today. It raised 65.12 focuses with a 0.44% addition and arrived at a 15,019.07 level. The S&P BSE Smallcap record raised 229.90 focuses with a 1.57% increase and arrived at a 14,855.09 level. Be that as it may, the Nifty Bank raised 533.40 focuses with a 2.39% addition and arrived at a 22,833.00 level.