Tuesday, 12 August 2014

Britannia Industries surges on reporting 27% rise in Q1 consolidated net profit

     

     Britannia Industries' net profit surged by 24.94% at Rs 107.81 crore as compared to Rs 86.29 crore for the quarter ended June 30, 2013. Its total income has increased by 15.64% to Rs 1653.80  crore for the quarter under review from Rs 1430.18 crore for the corresponding quarter of the previous year.
     On the consolidated basis, the company has reported 27.01% rise in its net profit after taxes & Minority interest at Rs 113.66 crore for the quarter as compared to Rs 89.49 crore for the same quarter in the previous year. Its total income has increased by 15,51% at Rs 1808.59 crore for quarter under review as compared to Rs 1565.75 crore for the quarter ended June 30, 2013.
     The promoters holding in the company stood at 50.75% while Institutions and Non-Institutions held 28.97 and 20.27% respectively.
     The BSE group  'A' stock of face valu Rs. 2 has touched a 52 week high of Rs. 1186,00 on 12-Aug-2014 and a 52 week low of Rs 658.00 on 28-Aug-2013.
     The stock trade at Rs 1160 up by 3.35 points




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