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News Details

Britannia Ind. Q1 net profit down 9.69% at Rs 465.88 cr

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31/07/2021 13:50
The company reported standalone net profit of Rs 465.88 crore for the quarter ended June 30, 2021 as compared to Rs 515.87 crore in the same period last year, registering a year-on-year decline of 9.69 per cent.

Net revenue of the company rose marginally by 1.78 per cent at Rs 3,236.17 crore in April-June quarter of this fiscal as against Rs 3,179.61 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 6.45 per cent to Rs 2,712.46 crore from Rs 2,548.12 crore in year ago period.

Other Income grew by 74.05 per cent at Rs 152.00 crore versus (Jun'20 Rs 87.33 crore).

Operating Profit slipped by 22.04 per cent to Rs 523.71 crore as against Rs 671.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.43 per cent in June quarter.

Interest grew by 43.84 per cent y-o-y to Rs 31.50 crore, while Taxation decreased by 24.51 per cent at Rs 136.82 crore (Jun'20 Rs 181.25 crore).