Britannia Industries reports 13% fall in Q1 consolidated net profit

Britannia Industries has reported results for first quarter ended June 30, 2022.

Britannia Industries
Britannia Industries

The company has reported a fall of 30.96% in its net profit at Rs 321.66 crore for the quarter under review as compared to Rs 465.88 crore for the same quarter in the previous year. However, total income of the company increased by 5.50% at Rs 3,574.61 crore for Q1FY23 as compared Rs 3,388.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 13.25% in its net profit at Rs 335.74 crore for the quarter under review as compared to Rs 387.01 crore for the same quarter in the previous year. Total income of the company increased by 8.45% at Rs 3,756.46 crore for Q1FY23 as compared Rs 3,463.93 crore for the corresponding quarter previous year.

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