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Britannia posts 40% fall in net profit for Oct-Dec quarter

Revenue from operations during the third quarter of the current fiscal rose by a marginal 1 per cent to Rs 4,256 crore.

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Biocon has tentative approval from USFDA for Dasatinib Tablets, which are used to treat Philadelphia Chromosome Positive Chronic Myeloid Leukemia.

Britannia Q3 results: Consolidated PAT plunges 40% to Rs 556 crore but marginally misses estimates

Revenue from operations rose marginally to Rs 4,256 crore from Rs 4,196 crore in the same quarter last fiscal.

britannia q3 earnings: Britannia Q3 Results: Net profit falls 40% YoY to Rs 556 crore

Despite the fall, the profit met ET NOW estimates that pegged the figure around Rs 553 crore. Revenue from operations during the reporting period rose by a marginal 1% year-on-year to Rs 4,256 crore. The company reported an EBITDA of Rs 821 crore for the quarter, while margins came in at Rs 19.29%.

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