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Britannia Industries reports 27% rise in Q1 consolidated net profit

12 Aug 2014 Evaluate

Britannia Industries has reported results for first quarter ended June 30, 2014.

The company’s net profit surged by 24.94% at Rs 107.81 crore as compared to Rs 86.29 crore for the quarter ended June 30, 2013. Its total income has increased by 15.64% to Rs 1653.80 crore for the quarter under review from Rs 1430.18 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 27.01% rise in its net profit after taxes & Minority interest at Rs 113.66 crore for the quarter as compared to Rs 89.49 crore for the same quarter in the previous year. Its total income has increased by 15.51% at Rs 1808.59 crore for quarter under review as compared to Rs 1565.75 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
Nestle India 1331.00
Varun Beverages 441.70
Britannia Industries 4802.00
LT Foods 413.65
Hatsun Agro Product 1135.85
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