Britannia Results

Britannia's Q3 far from crunchy, low consumer sentiment pull numbers down

While strategic initiatives helped improve profit margins, the 2-4 per cent volume and revenue growth was below expectations

Britannia Ind jumps 6% as Q2 net profit rises 33% YoY to Rs 403 crore

The company's profit before tax (PBT) stood at Rs 498 crore, up 8.5 per cent YoY.

Good days for Britannia Industries amid a slowing consumption environment

Growth in sales driven by better product mix and price hikes

Britannia pre-tax profit rises 8% at Rs 498 crore for the September quarter

The net profit for the period grew 33 per cent to Rs 403 crore on a yoy basis on account of re-measurement of deferred tax in accordance with lower corporate tax rate

Q1 results: New launches to spur Britannia volumes, sales jump 14%

Volume growth in FY18 was the highest in Rajasthan, Madhya Pradesh and Uttar Pradesh, and is key for Britannia that lags its peers in rural share and penetration

Britannia Q4 net profit up 6% to Rs 211 crore

Britannia Industries' net profit grew six per cent over a year in the March quarter, to Rs 211 crore, the food and beverages company said. Net sales were Rs 2,302 crore, up 6.2 per cent.During the quarter, cost of materials rose 11.7 per cent, due to price inflation of key commodities of above 10 per cent. However, changes in inventories and marginally lower other expenses offset the impact; it also cut advertising cost.The dairy business saw subdued growth as it shifted focus towards products that should generate higher profit margin. Growth in its international business remained under pressure due to "deteriorating geopolitical situation and currency fluctuations in geographies like the Middle East and Africa", said Varun Berry, managing director. Adding: "It has been a good quarter in the face of a challenging market environment and sluggish demand scenario post demonetisation. We expect the situation to slowly improve over the next three to six months with the measures announced .