Britannia Industries has reported a net profit of Rs 86.29 crores for Q1 2014, as against Rs 87.85 crores reported for the quarter ending March 31, 2013.
Total income from operations was placed at Rs 1416 crores for Q1 2014 as against Rs 1502 crores for the previous quarter.
Britannia Industries is the top player in the foods industry that comprises dairy and bakery products. The shares of Britannia surged almost 9 per cent in trade today, following its results. The stock was last trading at Rs 773 on the National Stock Exchange.