Britannia Industries Q4 profit up 55% to Rs 167.25 crore

Bakery and dairy products maker Britannia Industries today reported a 55.35 per cent increase in its consolidated net profit at Rs 167.25 crore for the quarter ended March 31, 2015.
The company had posted a net profit of Rs 107.66 crore in the same period of previous fiscal, Britannia Industries said in a filing to the BSE.
Britannia's net sales rose to Rs 2,031.83 crore during the quarter, up 14.32 per cent against Rs 1,777.28 crore in the same period of previous fiscal.
During 2014-15 fiscal, the company's net profit was also up 74.18 per cent to Rs 688.64 crore as against Rs 395.35 crore in the year-ago period.

Net sales during 2014-15 were also up 13.84 per cent to Rs 7,775.09 crore as against Rs 6,829.32 crore a year ago.
Shares of Britannia Industries today closed at Rs 2,285.35 a piece on BSE, down 2.01 per cent from their previous close.