INDIA: Britannia 9M sales, earnings rise

By Katy Askew | 17 February 2014

Earnings, sales rise at Britannia

Earnings, sales rise at Britannia

Britannia Industries has booked a jump in sales and earnings during the first nine months of its financial year.

In the period to 31 December, Britannia said net sales rose to INR505bn (US$8.1bn), up 12.2% from INR449.8bn in the comparable period of last year.

Operating income in the nine months increased to INR39.7bn, compared to INR22.2bn. According to the company's income filing, margins improved 250 basis points despite an increased investment in advertising and marketing.

Net earnings surged 71% to INR28.7bn from INR16.7bn.

Click here for the earnings statement from Britannia.

Sectors: Bakery, Dairy, Emerging markets, Financials

Companies: Britannia Industries

View next/previous articles

Currently reading -

INDIA: Britannia 9M sales, earnings rise

There are currently no comments on this article

Be the first to comment on this article

Related research

Britannia Industries Limited - Strategy and SWOT Report

Britannia Industries Limited - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a ...

Britannia Industries Limited (BRITANNIA) - Financial and Strategic SWOT Analysis Review

Britannia Industries Limited (BRITANNIA) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear a...

Britannia Industries Ltd in Packaged Food (India)

Over the review period, Britannia increased its presence in dairy, thereby diversifying its product portfolio beyond bakery (including biscuits, cakes and bread). This was due to its sustained efforts to increase its reach in dairy, in which it has c...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page