Britannia Industries Limited's net profit is expected to rise 9.7 per cent to Rs 240 crores in July-September from Rs 218.6 crores in corresponding quarter last fiscal. According to a media poll, its total income may also rise 10.7 per cent at Rs 2445 crores compared to Rs 2208.7 crores in year-ago period. During the quarter, EBITDA is seen growing 10.3 per cent at Rs 358 crore against Rs 325 crores while margins may stand at 14.7 per cent versus 14.7 per cent year-on-year (YoY). Domestic volume growth is seen at 7-8 per cent while price/mix-led growth is seen between 3-4 per cent year on year.
Britannia has been serving the domestic consumers with a range of fresh, nutritious as well as flavour-rich products. The Company takes pride in our food making traditions and in its innovations, in equal measure. It demands the best of ingredients along with packaging their natural goodness in our products, without compromise. The Company delivers a complete sensory experience, in every product, every time.
Today, Britannia is one of the leading food companies in India with over Rs. 8500 crores in revenue, delivering products in over 5 categories through 4.2 million retail outlets to more than half the Indian population. The Company’s core emphasis across portfolios is on healthy, fresh and delicious food and the Company the First Zero Trans-fat Company in India. 50 per cent of its product portfolio is enriched with micro-nutrients. The products of the Company are also delivered through the Britannia Nutrition Foundation to combat malnutrition among underprivileged children.
Currently Britannia share price is trading at Rs 3,300.00, down by 0.06 per cent or points. The share price opened at Rs 3,329.00 from a previous closing of Rs 3,302.00. Get the most important levels of support and resistance at Britannia share price forecast.
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