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Britannia Industries Limited (BRITANNIA.NS)

NSE - NSE Real-time price. Currency in INR
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4,199.95-42.75 (-1.01%)
At close: 03:29PM IST
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  • Reuters

    India's Britannia more than doubles Q3 profit on price hikes, sustained demand

    India's Britannia Industries on Wednesday said its third-quarter profit more than doubled, benefitting from higher prices and resilient demand for its products as well as a one-time gain. "On the cost and profitability front, our pricing actions and intensified cost efficiency program helped mitigate inflation," Managing Director and Vice Chairman Varun Berry said, adding that the Bengaluru-based company's operating margin improved by 330 basis points. India's retail inflation, after hovering around 6% for about a year now, has eased in the last two months of 2022, allowing companies to be more optimistic about consumer spending in the upcoming quarters.

  • Stockopedia

    What is the broker consensus view on Britannia Industries?

    'Buy' and 'sell' recommendations from company analysts often catch the attention of investors - but it's worth remembering that city experts can get things wro...