 "Britannia")
Fast-moving consumer goods (FMCG) major Britannia Industries is expected to report a weak set of numbers for the quarter ended March 2020 (Q4FY20), owing to disruptions caused by Covid-19-induced lockdown. The company, according to analysts, may see up to 7 per cent volume decline in domestic business while revenue is likely to dip up to 4 per cent year-on-year (YoY). Reduction in corporate tax, however, is expected to drive up the net profit. The company is slated to announce its numbers on June 2 (Tuesday).
In April, Britannia announced an interim dividend of Rs 35 per share for the financial year
