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Britannia Ind skids after Q4 PAT slips 3% YoY to Rs 360 cr


Britannia Industries fell 1.17% to Rs 3,498.45 after the company s net profit fell 3.3% to Rs 360.07 crore on 8.2% rise in net sales to Rs 3,038.13 crore in Q4 FY21 over Q4 FY20.
The FMCG company reported a consolidated revenue growth of 13% Y-o-Y (year-on-year) for the year to Rs 12,883 crore. Consolidated operating profit jumped 39% to Rs 2,311 crore in FY21 over FY20. Consolidated operating profit margin recorded an increase of 340 bps in FY21 from FY20. The return on capital employed stood at 40% for the year.
The operating profit of the FMCG major has been steadily growing & has increased from 4% in 2009-10 to 18% in the current year. Britannia Industries has been consistently gaining market share over the last several years. ....

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