Godfrey Phillips shares fall 4% despite strong 31% YoY spike in Q4 profit

Godfrey Phillips reported a 30.7% increase in consolidated net profit, reaching Rs 293.96 crore for the March quarter of FY25, alongside a significant 70.6% surge in revenue from operations. Despite increased expenses, the company's annual net profit also grew by 24.45%. However, analysts suggest a potential downside for the stock, despite its impressive gains over the past few months.