Cigarette-maker Godfrey Phillips India (GPI) today posted a 22.26 per cent increase in net profit to Rs 45.91 crore for the third quarter ended December 31,2011. GPI's net profit for the three months ended December 31,2010,stood at Rs 37.55 crore,it said in a filing to the BSE. The firm's net sales for the quarter ended December 31,2011,increased by 13.46 per cent to Rs 473.08 crore from Rs 416.93 crore in the third quarter last fiscal. The company manufactures and distributes brands like Marlboro and Four Square. GPI scrips were trading at Rs 3,201 per share on the BSE,up 10.55 per cent from their previous close.
