Higher sales boost Britannia Q1 net to ₹107.81 cr

Our Bureau Updated - November 25, 2017 at 06:18 AM.

Britannia Industries Ltd reported a 25 per cent growth in profits for the June quarter on higher sales.

Net profits for the quarter stood at ₹107.81 crore against a net of ₹86.29 crore in corresponding last quarter.

Sales revenues for the quarter were up 15 per cent at ₹1,634.23 crore against ₹1,416.3 crore in corresponding last quarter.

Britannia shares were trading marginally higher on the BSE at ₹1,165 in the intra-day trade, post the earnings announcement.

On a consolidated basis, the net profit growth was 27 per cent at ₹113.66 crore against corresponding last quarter's ₹89.49 crore. Consolidated income was higher 15 per cent at ₹ 1,786.99 crore against ₹1,551.51 crore in corresponding last quarter.

Published on August 12, 2014 07:39