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Britannia Industries Ltd Q3FY24; 40% fall in Profits

Britannia Industries is one of Indias leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures Indias favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannias product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.

Financial Results:

Britannia Industries Ltd reported Revenues for Q3FY24 of ₹4,256.00 Crores up from ₹4,197.00 Crore year on year, a rise of 1.41%.

Total Expenses for Q3FY24 of ₹3,546.00 Crores up from ₹3,475.00 Crores year on year, a rise of 2.04%.

Consolidated Net Profit of ₹556.00 Crores down 40.34% from ₹932.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹23.10, down 40.33% from ₹38.71 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Foods
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