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Britannia Q1 Results: Profit Doubles On Cost Cuts Amid Covid-19 Pandemic

Britannia doubled its profit despite the pandemic. Here’s how...

Mahima Kapoor
Packets of biscuits manufactured by Parle Products Pvt. Ltd. and Britannia Industries Ltd. on display in Gayatri Dry Fruits and General Stores in Crawford Market, Mumbai. (Photographer: Vivek Amre/BloombergQuint)

Britannia Industries Ltd.’s profit more than doubled and its margin expanded as the fast-moving consumer goods maker cut costs in a quarter that saw the pandemic stall business activity.

Also Read: Q1 Results: How Consumer Goods Makers Are Likely To Fare In Pandemic-Hit Quarter

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