Its total revenue from operations climbed 13.40 per cent to Rs 3,550.45 crore during the quarter under review. In the year-ago period, the same stood at Rs 3,130.75 crore.
Britannia Industries on Tuesday reported a drop in net profit after seven quarters, owing to higher input costs and the second wave.
Consolidated net profit saw a near-3 per cent year-on-year (YoY) decline to Rs 364.3 crore for the three months ended March 31 (Q4), missing consensus estimates by a wide margin.
A poll by Bloomberg analysts had pegged Britannia’s Q4 net profit at Rs 416.9 crore.
Besides rising input costs, the company also pointed to a brief shutdown in March to implement key digital projects that impacted its bottom line.
Consolidated revenue, which includes net sales plus other operating income, rose 9.2 per cent to Rs 3,130.7 crore for the quarter under review against a year ago, in line with consensus estimates that came in at Rs 3,109.2 crore.