Britannia Q1 consolidated net zooms 93% - Hindustan Times
close_game
close_game

Britannia Q1 consolidated net zooms 93%

Hindustan Times | By, New Delhi
Aug 12, 2013 09:06 PM IST

Britannia Industries' first quarter consolidated net profit jumped 93% year-on-year to Rs 89.58 crore due to improvement in product mix and higher price realisation. HT reports.

Britannia Industries' first quarter consolidated net profit jumped 93% year-on-year to Rs 89.58 crore due to improvement in product mix and higher price realisation. It had a consolidated net profit of Rs 46.50 crore a year ago.

The biscuit and cheese maker's consolidated income rose to Rs 1,539.62 crore in April-June from Rs 1348.15 crore last year. Its operating margin in the quarter rose to 7.7% from 4.7% in the year ago quarter.

Hindustan Times - your fastest source for breaking news! Read now.

“The expansion in margin is consequent to an improvement in product mix and higher price realisation coupled with an emphasis on cost management,” said Vinita Bali, managing director, Britannia Industries.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On