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02-Aug-2024

Britannia Industries

NP up 10.51%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Britannia Industries has increased 5.97% to Rs 4250.29 crore compared to quarter ended June 2023.Operating profit margin has jumped from 17.18% to 17.73%, leading to 9.40% rise in operating profit to Rs 753.66 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 51.90% to 52.08%.   Purchase of finished goods cost fell from 6.13% to 4.48%.   Employee cost increased from 4.70% to 4.76%.   Other expenses rose from 20.08% to 20.94%.   

Other income rose 3.12% to Rs 55.61 crore.  PBIDT rose 8.95% to Rs 809.27 crore.  Provision for interest fell 45.43% to Rs 28.95 crore.  

PBDT rose 13.13% to Rs 780.32 crore.  Provision for depreciation rose 4.48% to Rs 73.93 crore.  

Profit before tax grew 14.12% to Rs 706.39 crore.  Provision for ...



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