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Britannia Industries reports 19% fall in Q2 consolidated net profit

09 Nov 2015 Evaluate

Britannia Industries has reported results for second quarter ended September 30, 2015.

The company has reported 19.51% fall in its net profit at Rs 203.68 crore for the quarter ended September 30, 2015 as compared to Rs 253.04 crore for the same quarter in the previous year. However, the company’s total income has increased by 12.36% to Rs 2062.94 crore for the quarter under review from Rs 1835.93 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 19.16% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 218.63 crore for the quarter ended September  30, 2015 as compared to Rs 270.46 crore for the same quarter in the previous year. Total income of the company has decreased by 12.34% at Rs 2238.81 crore for quarter under review as compared to Rs 1992.93 crore for the quarter ended September 30, 2014.

Peers
Company Name CMP
Nestle India 1192.00
Varun Beverages 396.15
Britannia Industries 4647.95
LT Foods 393.30
Hatsun Agro Product 998.40
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