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Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

Britannia
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According to Emkay Global, Britannia is expected to post net sales of Rs 3,270.1 crore, up 21.1 per cent YoY, and 14 per cent quarter-on-quarter (QoQ).

Swati Verma New Delhi
Fast-moving consumer goods (FMCG) major Britannia Industries is slated to announce its first quarter results of the fiscal year 2020-21 (Q1FY21) on Friday, July 17. While most consumer goods companies are estimated to post muted numbers due to supply and demand disruptions led by Covid-19-triggered lockdown, Britannia, as per analysts, is expected to buck the trend and deliver a strong performance. This is because the company comes under the 'Consumer Staples' segment which was least affected during the lockdown period and also there was a huge surge in in-house consumption trends.

Further, the net profit of the company is estimated to

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First Published: Jul 17 2020 | 8:09 AM IST

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