Britannia Industries Ltd.

Britannia Industries has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 surged by 27.32% at Rs 41.80 crore as compared to Rs 32.83 crore for the corresponding quarter last year. Its net sales grew by 21.36% at Rs 1106.29 crore for the quarter under review from Rs 911.54 crore for the same quarter last year.

Britannia, one of the India’s biggest brands of the country, has a market share of 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones.