BRITANNIA Announces Quarterly Results (2QFY20); Net Profit Up 32.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BRITANNIA Announces Quarterly Results (2QFY20); Net Profit Up 32.9%
Wed, 13 Nov

BRITANNIA has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

BRITANNIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m28,69627,00430,48812.9%6.2%
Other incomeRs m4406756821.0%55.0%
TurnoverRs m29,13627,67831,17012.6%7.0%
ExpensesRs m24,15223,05725,56610.9%5.9%
Gross profitRs m4,5443,7914,91129.6%8.1%
DepreciationRs m3694484490.2%21.5%
InterestRs m2410116159.8%566.9%
Profit before taxRs m4,5903,9164,98227.2%8.6%
TaxRs m1,5591,430955-33.2%-38.7%
Profit after taxRs m3,0312,4864,02762.0%32.9%
Gross profit margin%15.814.016.1
Effective tax rate%34.036.519.2
Net profit margin%10.49.012.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 6.2% on a year-on-year (YoY) basis. The expenses were up by 5.9% YoY during the same period.
  • The company's operating profit increased by 8.1% YoY during the quarter. Consequently, operating profit margins remained same and stood at 16.1% in 2QFY20.
  • Depreciation charges increased by 21.5% and finance costs increased by 566.9% YoY, respectively.
  • Other income increased by 55.0% YoY during the quarter.
  • Net profit for the quarter increased by 32.9% YoY. Net profit margins during the quarter increased from 10.4% in 2QFY19 to 12.9% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 12.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 10.9% QoQ during the same period.
  • The company's operating profit increased by 29.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.1% in 2QFY20 as against 14.0% in 1QFY19.
  • Net profit for the quarter increased by 62.0% QoQ, while net profit margins increased from 9.0% in 1QFY19 to 12.9% in 2QFY20.

To see how BRITANNIA has performed over the last eight quarters,please visit here.

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now
BRITANNIA Share Price Performance

Over the last one year,BRITANNIA share price has moved up from Rs 2,907.4 to Rs 3,270.3, registering a Gain of Rs 362.9 or around 12.5%.

Overall, the S&P BSE SENSEX is up 15.2% over the year.

Current Valuations

At the current price of Rs 3,270.3, the price to earnings (P/E) ratio of BRITANNIA stands at 63.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 18.5 times.

Equitymaster requests your view! Post a comment on "BRITANNIA Announces Quarterly Results (2QFY20); Net Profit Up 32.9%". Click here!

  

Related Views on News

BRITANNIA Surges by 10%; BSE 500 Index Up 6.8% (Market Updates)

Apr 7, 2020 | Updated on Apr 7, 2020

BRITANNIA share price has surged by 10% and its current market price is Rs 2,818. The BSE 500 is up by 6.8%. The top gainers in the BSE 500 Index are BRITANNIA (up 10.0%) and GSK CONSUMER (up 10.5%). The top losers are CROMPTON GREAVES CONSUMER ELEC. and BANK OF BARODA (down 0.1%).

BRITANNIA Announces Quarterly Results (3QFY20); Net Profit Up 22.9% (Quarterly Result Update)

Feb 10, 2020 | Updated on Feb 10, 2020

For the quarter ended December 2019, BRITANNIA has posted a net profit of Rs 4 bn (up 22.9% YoY). Sales on the other hand came in at Rs 30 bn (up 4.9% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

BRITANNIA 2018-19 Annual Report Analysis (Annual Result Update)

Sep 16, 2019 | Updated on Sep 16, 2019

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.

BRITANNIA Announces Quarterly Results (1QFY20); Net Profit Down 3.7% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, BRITANNIA has posted a net profit of Rs 2 bn (down 3.7% YoY). Sales on the other hand came in at Rs 27 bn (up 6.2% YoY). Read on for a complete analysis of BRITANNIA's quarterly results.

BRITANNIA 2017-18 Annual Report Analysis (Annual Result Update)

Aug 17, 2018 | Updated on Aug 17, 2018

Here's an analysis of the annual report of BRITANNIA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of BRITANNIA. Also includes updates on the valuation of BRITANNIA.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

BRITANNIA SHARE PRICE


Apr 7, 2020 (Close)

TRACK BRITANNIA

  • Track your investment in BRITANNIA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE BRITANNIA WITH

MARKET STATS