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Britannia gains on a robust Q4 but brokerages cautious on valuation, volumes

Britannia Industries reported a 47 percent YoY jump in consolidated net profit at Rs 558.6 crore. The only number that was below Street expectations was volume growth, which came in at 1-2 percent against analyst expectations of 3-4 percent

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Britannia Q4 Preview | Revenue to grow 13% led by price hikes, market share gain

However, net profit is expected to decline over 46 percent from last quarter, which included a one-time gain from stake sale in dairy subsidiary.

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FMCG Q4 Preview | No signs of rural demand recovery; volume growth to stay muted

Hindustan Unilever, Britannia, ITC and Godrej Consumer Products are set to outperform FMCG peers, analysts say

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