Britannia Industries Q1 Results: Net profit misses estimates; revenue soars 10% YoY
The company, which sells 'Marie Gold' and 'Bourbon' biscuits, reported a consolidated net profit of ₹ 520 crore, lower than analysts' estimates of ₹ 570 crore. It had reported a net profit of ₹ 504 crore in the year-ago quarter and ₹ 556 crore in the preceding March quarter.
The consolidated revenue from operations during the reporting quarter came in at ₹ 4,622 crore, compared to ₹ 4,250 crore in the June 2024 quarter. EBITDA stood at ₹ 757 crore, lower than the estimated ₹ 814 crore, with margins also coming in lower at 16.4% versus analysts' average estimate of 17.7%.
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