Britannia trades nearly 1% higher ahead of Q2 nos; here's what to expect

Analysts at Edelweiss Securities estimate Britannia's revenue, EBITDA and net profit to jump 15 per cent, 31.8 per and 23.8 per cent year-on-year (YoY), respectively.

Shares of Britannia Industries, the fast-moving consumer goods (FMCG) major, gained nearly a per cent on the BSE on Monday ahead of its September quarter (Q2FY21) results due later in the day. According to a recent Business Standard report, the FMCG sector is upbeat on the second quarter numbers, pointing towards the demand revival driven by the relaxation in restrictions as well as consumers adjusting to the new normal. READ MORE

Analysts at Edelweiss Securities estimate Britannia’s revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA) and net profit (PAT) to jump 15 per cent, 31.8 per and