Tuesday, 14 February 2017

Britannia Industries December-quarter net rises 4.6% at Rs 220.49 cr

Bakery & dairy product maker Britannia Industries Ltd on Monday reported a surge of 4.6 per cent in its consolidated net profit after taxes (PAT) at Rs 220.49 crore for the third quarter ended December 31, 2016. “The consolidated net profit of the company stood at Rs 210.81 crore during the same period a year ago,” Britannia Industries Ltd said in a filing to the Bombay Stock Exchange on February 13, 2017. 

Its net sales rose by 6.1 per cent to Rs 2,338.08 crore during the quarter, from Rs 2,203.01 crore in the same period of previous fiscal. Further, the consolidated total income of the company grew by 6.4 per cent at Rs 2,394.15 crore during Q3 2016-17, as compared to Rs 2,251.13 crore during the same period last year. During the quarte under review, the company’s total expenses were up by 7 per cent to Rs 2,072.99 crore, as against Rs 1,936.57 crore during the same period last year.

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