Britannia posts 40% fall in net profit for Oct-Dec quarter

Mumbai, Feb 6 (IANS) Food products major Britannia Ltd on Tuesday reported a 40 per cent decline in its consolidated net profit at Rs 556 crore for the October-December quarter of the current financial year, against a net profit of Rs 937 crore in the same period of the previous year. Advertising AdvertisingRevenue from operations during the third quarter of the current fiscal rose by a marginal 1 per cent to Rs 4,256 crore.Britannia reported an EBITDA (earnings…
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Source: https://m.sakshipost.com/amp/news/britannia-posts-40-fall-net-profit-oct-dec-quarter-271692

Britannia Industries December quarter profit falls 40% to Rs 556 crore- Republic World

Paytm | Image:Republic BusinessIn the eye of a storm: Paytm Payments Bank continues battling barbs over alleged laxity in customer onboarding. Ever since the Reserve Bank of India (RBI) on February 1, underlined how Paytm threw all customer identification norms to the wind, the list of charges has only expanded. In an exclusive interaction, financial expert Kishore Subramaniam told Republic Business, that if proven correct, allegations of missing out on the identification of hundreds of…
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Source: https://www.republicworld.com/business/markets/britannia-industries-december-quarter-profit-falls-40-to-rs-556-crore/?amp=1

Q3 results today: Godrej Properties, Britannia Ind, Reliance Capital, Tata Teleservices, and 158 more to post earnings

Q3 results today on February 5: Godrej Properties Ltd, Max Financial Services Ltd, Navin Fluorine International Limited, Redington Ltd, Reliance Capital Ltd, Tata Teleservices (Maharashtra) Ltd, and many other stocks will be in focus today as they will declare their Q3 results.

During the trading session…
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Source: https://www.livemint.com/companies/company-results/q3-results-today-godrej-properties-britannia-ind-reliance-capital-tata-teleservices-and-158-more-to-post-earnings/amp-11707183177394.html

Britannia Industries Share Price Live Updates: Britannia Industries Sees 1.52% Decline in Current Price, EMA3 at Rs 5092.23

12:45:35 PM IST, 06 February 2024Britannia Industries Share Price Live Updates: Britannia Industries Sees 1.3% Decrease in Price Today, 1-Month Return at -4.0%The current price of Britannia Industries is Rs 5058.15, with a decrease of 1.3% today and a 1-month return of -4.0%.12:16:51 PM IST, 06 February 2024Britannia Industries Share Price Live Updates: Britannia Industries Sees 1.27% Decrease in Current Price, 3-Year Returns at 42.87%The current price of Britannia Industries is Rs…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/britannia-industries-share-price-live-updates-06-feb-2024/amp_liveblog/107442871.cms

Stocks in news: Stocks in news: Bharti Airtel, Nykaa, Paytm, Britannia, BSE, LIC, Adani Power

MUMBAI – On Monday, share indices ended lower, with Nifty 50 closing 0.4% down at 21771.70 points, and the Sensex 0.5% lower at 71731.42 points. Following are the stocks that will hog the limelight in trade on Tuesday: Britannia IndustriesThe company is slated to release its December quarter earnings, which is likely to have been muted amid weak volumes, subdued rural demand, higher raw material costs, and likely price cuts in some categories. The FMCG major is seen reporting a moderate 1.2%…
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Source: https://m.economictimes.com/markets/stocks/news/stocks-in-news-bharti-airtel-nykaa-paytm-britannia-bse-lic-adani-power/amp_articleshow/107436776.cms

Net profit to rise 2%, volumes to grow in low single-digit

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Britannia Industries Ltd on February 6 is likely to report a 2 percent year-on-year jump in consolidated net profit for the quarter ended December 2023. The net profit is seen at Rs 566 crore, as per a poll of six brokerages, as against Rs 556.8 crore in the year-ago period.
Analysts see muted growth in Q3 FY24 on…
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Source: https://www.moneycontrol.com/news/business/earnings/britannia-q3-preview-net-profit-to-rise-2-volumes-to-grow-in-low-single-digit-12199451.html/amp

Britannia Q3 Results Preview: Profit likely to decline 40%; margins may remain muted ,Companies News, Business News

Biscuit maker Britannia Industries is all set to announce its financial results for the October-December period (Q3 FY24) on Tuesday, February 6. The Kolkata-headquartered FMCG major is widely expected to register a dip in quarterly net profit, owing to a high base a year ago, with some pressure on the margin front owing to higher advertising expenses.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGAccording to Zee Business research, Britannia is estimated to report a consolidated profit after…
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Source: https://www.zeebiz.com/companies/news-britannia-q3-results-preview-profit-ebitda-margin-revenue-share-price-nse-bse-fmcg-stock-275169/amp

Britannia Q3 Results Preview: PAT may fall YoY on muted revenue, profitability; demand outlook eyed

It’s likely to have been another soft quarter for Britannia Industries as the company is expected to see muted growth in earnings amid weak volumes and rural demand, higher raw material costs, and likely price cuts in some categories.The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms.Earnings before interest, taxes,…
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Source: https://m.economictimes.com/markets/stocks/news/britannia-q3-results-preview-pat-may-fall-yoy-on-muted-revenue-profitability-demand-outlook-eyed/amp_articleshow/107417765.cms

Britannia Industries Stocks Live Updates: Britannia Industries Closes Steady, Trading Volume at 176,167 Units

08:50:33 AM IST, 05 February 2024Britannia Industries Stocks Live Updates: Britannia Industries Closes at Rs 5148.85 with 13.73% 3-Month ReturnBritannia Industries closed at Rs 5148.85 yesterday, with a 3-month return of 13.73%.08:41:13 AM IST, 05 February 2024Britannia Industries Stocks Live Updates: Britannia Industries Closes at Rs 5148.85 with 1-Week Return of 0.14%Britannia Industries closed at Rs 5148.85 yesterday, with a 1-week return of 0.14%.08:30:51 AM IST, 05 February…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/britannia-industries-stocks-live-updates-05-feb-2024/amp_liveblog/107412077.cms