Britannia Industries posts 118% jump in Q1FY21 net profit at Rs 543 crore

Britannia Industries on Friday posted a strong set of numbers for the first quarter of the fiscal year 2020-21 (Q1FY21). The company's consolidated net profit jumped 118 per cent year-on-year (YoY) to Rs 542.68 crore as against Rs 248.64 crore in the year-ago period. Sequentially, the numbers grew 45.74 per cent.

The company's total revenue came in at Rs 3,420.67 crore, up 26.67 per cent against Rs 2,700.35 crore in the corresponding quarter of the previous fiscal. Total income stood at Rs 3,514.35 crore against Rs 2,767.80 crore in June 2019 quarter.

The company's earnings before interest, tax,