News Business Britannia posts 65.7 pc jump in Q4 net profit

Britannia posts 65.7 pc jump in Q4 net profit

Kolkata, May 25:  Biscuit and bakery major BritanniaIndustries Friday registered a 65.66 percent jump in its net profit to Rs.87.85 crore for the quarter ended March 31, 2013, from Rs. 53.03 crore during the same

britannia posts 65.7 pc jump in q4 net profit britannia posts 65.7 pc jump in q4 net profit
Kolkata, May 25:  Biscuit and bakery major BritanniaIndustries Friday registered a 65.66 percent jump in its net profit to Rs.87.85 crore for the quarter ended March 31, 2013, from Rs. 53.03 crore during the same period last year.

The city-based food maker's net sales during the period under review stood at Rs.1,486.63 crore compared to Rs.1,309.57 crore in the same period a year ago, it said in a filing to the BSE.

"Our results are a reflection of our focus on driving consumer off-take and operational efficiencies to generate sustainable and profitable growth," company's managing director Vinita Bali said in a statement.

The firm has witnessed a 100 basis points increase in its operating margin, Bali added.

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