February 2018 \ Business & Investment \ QUARTERLY LEDGER
Q3 Rs 264 crore profit for Britannia

Food major Britannia Industries Ltd in February reported a consolidated net profit of Rs 264 crore...

  • Britannia

Food major Britannia Industries Ltd in February reported a consolidated net profit of Rs 264 crore for the third quarter of 2017-18, registering a 20 per cent annual growth from Rs 220 crore in the same period year ago. In a regulatory filing on the BSE, the city-based company said consolidated total income for the quarter under review grew annually 9 per cent to Rs 2,603 crore from Rs 2,393 crore in the corresponding period a year ago. Sequentially, however, net profit and revenue growth were flat (1.2 per cent and 0.3 per cent) from Rs 261 crore and Rs 2,596 crore last quarter. “We had 15 per cent growth in the domestic market for the quarter owing to double-digit volume growth on the back of investment in brands and widening distribution network,” said Britannia Managing Director Varun Berry.




Tags: Britannia

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