Revenue from operations was up at Rs 1,374.55 crore as against Rs 1,191.56 crore.
Total expense was Rs 1,194.03 crore, up 19.80 per cent.
Total income in the September quarter was Rs 1,412.55 crore, a rise of 14.4 per cent year-on-year.
Revenue from cigarettes, tobacco and related products was Rs 1,258.48 crore, up 16.64 per cent year-on-year.
Revenue from retail and related products was higher at Rs 117.26 crore as against Rs 112.39 crore earlier, it said.
Godfrey Phillips operates convenience store chain 24Seven.
Shares of Godfrey Phillips India were trading at Rs 2,178 apiece on BSE, down 7.18 per cent from the previous close.