Britannia consolidated Q3 net rises 62 pc

Consolidated net profit of FMCG company Britannia Industries Limited has increased 62 per cent

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to Rs 100.6 crore during the third quarter as compared to the similar previous corresponding period.

Consolidated revenue of the company during the quarter stood at Rs 1,772 crore, a 10.2 per cent rise over the same period previous fiscal, the company said in statement today.

"In an intensely competitive market, we leveraged our strong brands and focused on fundamental levers of operation to deliver consolidated double digit revenue growth with 250 bps increase in operating margin," the company said.

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