Britannia Industries Q3 results: Net profit rises 22.4% YoY to Rs 452 cr

The company's revenue from operations rose 6.1 per cent year-on-year to Rs 3,165 crore

Britannia on Friday reported a 22.4 per cent rise in net profit at Rs 452 crore for the quarter ended December 31, 2020 (Q3FY21). It was Rs 369.6 crore during the corresponding period a year ago. However, sequentially, the profit declined 8.6 per cent. The company had posted a profit of Rs 495.20 crore in the September quarter (Q2FY21).

Commenting on the performance, Varun Berry, managing director, said: "We continue to focus our efforts on the basic building blocks of our business which include direct reach, rural distribution, range selling, higher throughput, salesmen productivity and invest in enhancing our brand