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This Article is From Nov 07, 2016

Britannia Industries Q2 Net Profit Jumps 6% To Rs 234 Crore

Britannia's consolidated total income from operations was up 11.45 per cent to Rs 2,456.10 crore during the quarter under review as against Rs 2,203.71 crore of the corresponding quarter of the previous fiscal.

Britannia Industries Q2 Net Profit Jumps 6% To Rs 234 Crore
New Delhi: Bakery and dairy products maker Britannia Industries on Monday reported a 5.79 per cent increase in consolidated net profit at Rs 233.95 crore for the second quarter ended September 30, 2016.

The company had posted a net profit of Rs 221.13 crore in July-September period a year-ago, Britannia Industries said in a BSE filing.

Britannia's consolidated total income from operations was up 11.45 per cent to Rs 2,456.10 crore during the quarter under review as against Rs 2,203.71 crore of the corresponding quarter of the previous fiscal.

Its total expenses were up 12.56 per cent to Rs 2,146.14 crore as against Rs 1,906.53 crore.

In the first half of 2016-17, Britannia Industries' consolidated net profit was up 9.34 per cent to Rs 453.08 crore as against Rs 414.37 crore in the year-ago period.

Its net sales in the first half of the current fiscal were up 10.31 per cent at Rs 4,652.72 crore as against Rs 4,217.55 crore in the same period last year.

Shares of Britannia Industries settled 0.10 per cent up at Rs 3,303.20 on BSE.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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