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Britannia Industries reports 20% rise in Q1 consolidated net profit

06 Aug 2018 Evaluate

Britannia Industries has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 17.99% in its net profit at Rs 246.24 crore for the quarter under review as compared to Rs 208.69 crore for the same quarter in the previous year. Total income of the company increased by 9.68% at Rs 2,445.23 crore for Q1FY19 as compared Rs 2,229.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 19.56% in its net profit at Rs 258.22 crore for the quarter under review as compared to Rs 215.98 crore for the same quarter in the previous year. Total consolidated income of the company increased by 8.88% at Rs 2,585.84 crore for Q1FY19 as compared Rs 2,375.01 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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