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Britannia Industries Q2 net up 9.8 pc at Rs 53.30 cr

Posted by Yogesh on Wednesday, 29 October, 2008

MUMBAI: Nusli Wadia-promoted Britannia Industries on Wednesday reported a net profit for the second quarter ended September 30 stood at Rs 53.30 crore, a 9.89 per cent growth over the corresponding period a year-ago.

The company had a net profit of Rs 48.50 crore in the same quarter of 2007-08 fiscal, the company filing to the National Stock Exchange said.

Net sales rose to Rs 838.54 crore for the quarter under review from Rs 658.80 crore for the September quarter of last financial year.

For the six months ended September 30, 2008, its net profit increased to Rs 93.63 crore from Rs 84.60 crore in the same period a year ago.

Net sales of the company rose to Rs 1,531.90 crore for the reviewed period from Rs 1,235.60 crore for the same period last fiscal.

Shares of the company closed at Rs 1,136.50, up one per cent from the previous close on the NSE. Source The Economic Times

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