Britannia Industries Q3 Results: Date, Earnings Call Schedule, Share Price History And More
The company has scheduled an investors conference call at noon on Feb.7, Friday to discuss its financial performance in Q3.
FMCG major Britannia Industries Ltd. is slated to announce its Q3 results this week. The company in an exchange filing dated Jan. 24 confirmed the schedule of the Q3 results announcement.
One of the biggest food products companies in India, Britannia is engaged in the business of bakery, dairy, and adjacent snacking categories. The company, which has a market capitalisation valued at over Rs 1.25 lakh crore, has operations spanning over 80 countries.
Here's everything you need to know about Britannia Industries Q3 results.
Britannia Industries Q3 Results: Date And Time
Britannia Industries in filing to the burses said that its board will meet on Thursday, Feb. 6 to consider and approve the financial statements of the company.
"This is to inform you that the Meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 6th February, 2025 to, inter alia, consider and approve the Unaudited Consolidated and Standalone Financial Results of the Company for the quarter and nine months ended 31st December, 2024," the notification read.
The company has scheduled an investors conference call at noon on Feb.7, Friday to discuss its financial performance in Q3.
"During the call, the Management will comment upon the financial results and operations of the Company for the quarter ended 31st December 2024,"Britannia Industries stated.
Britannia Industries Share Price History
Shares of Britannia Industries Ltd. have fallen by nearly 2% on the National Stock Exchange over the past five trading sessions. The share price has jumped over 3.5% in a month but dipped more than 13% in the last six months. The stock has fallen 3.23% over the past year.
At 10 a.m. on Wednesday, Britannia Industries shares were trading 1.38% lower at Rs 4,958.90 apiece on the NSE as compared to a flat benchmark Nifty 50.
Britannia Industries Q2 Results
Britannia Industries posted a subdued performance in the second quarter of the ongoing financial year with net profit slipping 9% to Rs 531.6 crore. In comparison, the company reported a net profit of Rs 586.5 crore in Q2 of FY24. This was despite a 5.3% year-on-year rise in revenue for Britannia Industries at Rs 4,667.6 crore versus Rs 4,432.9 crore in the second quarter of FY24. Ebitda was down 10% YoY to Rs 783.4 crore versus Rs 872.4 crore. The FMCG major's margins shrunk to 16.8% from 19.7% in the year-ago period.
