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Britannia Ind. Q4 net profit up 24.38% at Rs 244.69 cr 17/05/2018 17:15

The company reported standalone net profit of Rs 244.69 crore for the quarter ended March 31, 2018 as compared to Rs 196.73 crore in the same period last year, registering a year-on-year growth of 24.38 per cent.

Net revenue of the company rose moderately by 14.03 per cent at Rs 2,357.04 crore in January-March quarter of this fiscal as against Rs 2,067.01 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 11.94 per cent to Rs 2,018.53 crore from Rs 1,803.20 crore in year ago period.

Other Income grew by 22.95 per cent at Rs 40.02 crore versus (Mar'17 Rs 32.55 crore).

Operating Profit surged by 29.25 per cent to Rs 369.85 crore as against Rs 286.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.37 per cent in March quarter.

Interest declined by 11.43 per cent y-o-y to Rs 0.31 crore, while Taxation increased by 35.65 per cent at Rs 128.57 crore (Mar'17 Rs 94.78 crore).

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