Britannia stock jumps 16%; hits 52 week high

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Shares in Britannia industries jumped 16 per cent, after the company reported a spectacular growth in net profits. The shares also hit a 52-week high of Rs 680 on the Bombay Stock Exchange.

    For Q4FY13, the company's revenues grew 13.7 per cent y-o-y to Rs15024.2 million. EBITDA grew 64.1 per cent y-o-y to Rs1318.7 mn with margins of 8.8 per cent which improved 248 bps q-o-q & 270 bps y-o-y mainly on account of 220 bps y-o-y decrease in other expenditure as a per cent of sales. PAT grew 65.7 per cent y-o-y to Rs878.5 mn with margins of 5.8 per cent which improved 197 bps q-o-q & 184 bps y-o-y.

    GoodReturns.in

    Read more about: britannia
    Story first published: Monday, May 27, 2013, 12:20 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more