Britannia Industries Profit Declines 3.3% To Rs 360 Crore In March Quarter


Britannia Q4 Results: The company reported a 3.3 per cent decline in profit at Rs 360 crore

Britannia Industries reported a consolidated profit of Rs 360 crore in the January-March quarter of the financial year 2020-21, registering a 3.3 per cent decline in profit year-on-year, compared to Rs 372 crore, in the year-ago period. According to a regulatory filing by the firm to the BSE on Tuesday, April 27, the company reported its operating performance in the fourth quarter lower than analysts’ estimates. The country’s leading biscuit manufacturer’s consolidated revenue from operations stood at Rs 3,130.7 crore in the quarter ended March 2021. 

The company’s total revenue from operations witnessed an increase of 9.2 per cent year-on-year in the March quarter, compared to Rs 2,867.70 crore in the year-ago period. On Tuesday, shares of Britannia Industries settled 0.01 per cent higher at Rs 3,540 apiece on the BSE.

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