Britannia's Q2 fails to impress brokerages

Britannia reported a 23% year-on-year decline in its consolidated net profit to ₹384.22 crore for the quarter ended September. The biscuit maker's consolidated revenue from operations rose 5.5% to ₹3,607.4 crore. The weak results weighed on the stock which fell 2.6% to ₹3,622.30 on Tuesday.

via Economictimes

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