Britannia Industries
today posted 20.47 per cent rise in net profit to Rs 45.60 crore for the
second quarter ended September 30, 2012.
The company had reported a net profit of Rs 37.85 crore
during the corresponding period of previous fiscal.
Net sales of the company rose to Rs 1,402.80 crore for the
second quarter, as against Rs 1,290.48 crore in the same period of 2011-12
fiscal, Britannia Industries said in a statement.
Commenting on the results Britannia Industries Managing
Director Vinita Bali said: "Despite a sharp and unexpected increase in
commodity and fuel cost, we continue to drive profitable growth through
focusing on three priority areas of revenue management, cost management and
innovation".
Shares of Britannia Industries today closed at Rs 479.85 on
the BSE, up 1.08 per cent from its previous close.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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