India's largest bakery products manufacturer Britannia Industries has reported a 28% surge in its net profit to Rs 130 m in 2QFY2000. The turnover was up by 15% to Rs 3,054 m during the same period.
(Rs m) | 2QFY2000 | 2QFY1999 | Change |
Net Sales | 3,054 | 2,655 | 15.0% |
Other Income | 26 | 35 | -25.7% |
Expenditure | 2,827 | 2,489 | 13.6% |
Interest | 21 | 14 | 50.0% |
Depreciation | 40 | 39 | 2.6% |
Profit before Tax | 192 | 148 | 29.7% |
Tax | 62 | 46 | 34.8% |
Profit after Tax | 130 | 102 | 27.5% |
Net profit margin | 4.3% | 3.8% |
Britannia's strategy of positioning itself as a snack food company, with a presence in dairy products segment has helped the company expand its consumer base and hence its bottom line. The company's expenditure went up by 14% to Rs 2,827 m during the period. The company has managed to improve its margins to 4.3% from 3.8% in 3QFY99.
For the quarter ended December 2020, BRITANNIA has posted a net profit of Rs 5 bn (up 22.5% YoY). Sales on the other hand came in at Rs 32 bn (up 6.1% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.
For the quarter ended September 2020, BRITANNIA has posted a net profit of Rs 5 bn (up 22.9% YoY). Sales on the other hand came in at Rs 34 bn (up 12.1% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.
Here's an analysis of the annual report of BRITANNIA for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.
Does the company with one of the fastest-growing QSR chains in India have sound prospects?
Here's an analysis of the annual report of BRITANNIA for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.
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