Britannia net profit up 22% at Rs 453 cr, revenue rises 6% in Dec quarter

General trade, its largest channel, continues to grow at a healthy pace on the back of buoyancy in rural economy and urban recovery; challenges persist in other channels

Led by buoyancy in rural economy and recovery in urban markets, Britannia Industries on Friday reported a 22 per cent increase in net profit for the third quarter of FY21 at Rs 452.6 crore as compared to the corresponding period a year ago. 

The consolidated revenue for the December quarter stood at Rs 3,106 crore, a rise of 6 per cent YoY. However, on a sequential basis the revenue fell 7.3 per cent. It was Rs 3,354 crore in the September quarter. 

 

“General trade,