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07-Feb-2024

Britannia Industries

NP down 40.33%


'For the quarter ending Dec 2023, Consolidated Net sales (including other operating income) of Britannia Industries has increased 1.42% to Rs 4256.33 crore compared to quarter ended Dec 2022.  Operating profit margin has declined from 19.48% to 19.29%, leading to 0.43% rise in operating profit to Rs 821.09 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 49.72% to 50.27%.   Purchase of finished goods cost fell from 6.86% to 5.63%.   Employee cost increased from 4.22% to 4.69%.   Other expenses rose from 19.82% to 20.02%.   

Other income fell 0.37% to Rs 50.56 crore.  PBIDT rose 0.38% to Rs 871.65 crore.  Provision for interest fell 18.46% to Rs 31.09 crore.  

PBDT rose 1.25% to Rs 840.56 crore.  Provision for depreciation rose 34.73% to Rs 78.09 crore.  

Profit before tax down 1.27% to Rs 762.47 crore. &nbs...



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