Revenue from operations was up 5.19 per cent to Rs 1,343.96 crore during the quarter under review as against Rs 1,277.66 crore in the year-ago period.
“Our overall growth momentum across our brands / categories has shown a consistent trajectory with good recovery on volume growth trends quarter-on-quarter. Overall penetration trends remain strong and are seeing favourable trends quarter-on-quarter,” CPIL Managing Director Ram Raghavan said.
Total expenses were higher at Rs 998.05 crore in the quarter as against Rs 924.12 crore a year ago.
Meanwhile, in a separate filing CPIL said the company’s board at its meeting held on Monday declared the first interim dividend of Rs 19 per equity share of Re 1 (face value) for 2021-22.
Shares of CPIL were trading at Rs 1,534 apiece on BSE, down 1.95 per cent from the previous close.