Britannia Q2 results: Consolidated PAT drops 23% YoY, misses estimates; Sales up 5.5%

MUMBAI: Today its consolidated net profit declined by 23 per cent year-on-year to Rs. 384.22 crore for the quarter ended September, which was below analysts’ expectations. 447 crores. The biscuit maker’s consolidated total revenue from operations, however, grew 5.5 per cent year-on-year to Rs. 3,607.4 crore for the reported quarter, which was largely in line … Read more