Britannia Q3 consolidated revenue growth of 10%

Britannia Industries Ltd. (BIL), India’s leading Food Company, reported consolidated revenue growth of 10.2% in Q3 and 12.3% for the nine months at Rs. 1,772 crores & Rs. 5,052 crores respectively. Standalone revenue for Q3 at Rs. 1,614 crores and for the nine months at Rs. 4,612 crores increased 11.1% & 13.1% respectively.

Net Profit for Q3 increased 62.1% and for the nine months increased 71.8%, on a consolidated basis, at Rs. 100.6 crores & Rs. 287.7 crores respectively. Standalone net profit for Q3 at Rs. 96.3 crores and for the nine months at Rs. 278.3 crores increased 69.1% and 90.6% respectively.

In an intensely competitive market, we leveraged our strong brands and focused on fundamental levers of operation to deliver consolidated double digit revenue growth with 250 bps increase in operating margin.