Britannia Q2FY25 results: Net profit falls to Rs 531 cr on low urban demand
The company, which sells Jim Jam and NutriChoice biscuits, reported a consolidated net profit of Rs 531 crore ($62.95 million) for the three months ended Sept. 30
 "Britannia Q2FY25 results: Net profit falls to Rs 531 cr on low urban demand")
Indian biscuit maker Britannia Industries posted a surprise drop in second-quarter profit on Monday, hurt by weaker demand in urban areas amid high inflation.
The company, which sells Jim Jam and NutriChoice biscuits, reported a consolidated net profit of Rs 531 crore ($62.95 million) for the three months ended Sept. 30, compared with Rs 588 crore a year earlier.
Analysts, on average, had expected a profit of Rs 622 crore, according to estimates compiled by LSEG.
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