Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 04 2015

Britannia Q1 net jumps 66.86% at Rs 189.66 cr

The company had posted a net profit of Rs 113.66 crore in the same period of previous fiscal, Britannia Industries said in a filing to the BSE.

Britannia Industries has reported a 66.86 per cent jump in consolidated net profit at Rs 189.66 crore for the first quarter ended June 30, 2015, helped by operational efficiencies.

The company had posted a net profit of Rs 113.66 crore in the same period of previous fiscal, Britannia Industries said in a filing to the BSE.

The net sales of the company rose to Rs 2,002.51 crore during the quarter, up 12.96 per cent from Rs 1,772.63 crore in the same period of previous fiscal.

"Our results are a reflection of our focus on driving consumer off-take and operational efficiencies to generate sustainable and profitable growth, despite the slowdown witnessed in the FMCG sector", said  Varun Berry, MD, Britannia Industries.

"We remain committed to tap new sources of growth and focus on commercialising consumption opportunities across our product portfolio", he added.

Britannia's overall expenses in the quarter stood at Rs 1,757.52 crore, up 6.56 per cent from Rs 1,649.18 crore in the same quarter a year ago.

Shares of Britannia Industries were trading at Rs 3,173.65 apiece on BSE, up 1.31 per cent from their previous close.

Comment
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Shakes & Creams brings a luxurious twist to the..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Management Software
    About Us: •       We are an innovation obsessed technology produ..
    Locations looking for expansion Karnataka
    Establishment year 2002
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Skills / Personality Development
    About: WINNERS is privately owned and managed by Mr. Shashikant Khamkar (B.Com...
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • HR & Recruitment
    About Us: SMVA Consultants is a MSME Certified. professional human resource..
    Locations looking for expansion West Bengal
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kolkata West Bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts