Britannia Industries hits 52-week high on reporting over 2- fold jump in Q3 consolidated net profit
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Britannia Industries is currently trading at Rs. 4552.60, up by 183.30 points or 4.20% from its previous closing of Rs. 4369.30 on the BSE.
The scrip opened at Rs. 4502.05 and has touched a high and low of Rs. 4596.65 and Rs. 4371.70 respectively. So far 27239 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4,596.65 on 2-Feb -2022 and a 52 week low of Rs. 3050.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 4596.65 and Rs. 4264.20 respectively. The current market cap of the company is Rs. 110221.33 crore.
The promoters holding in the company stood at 50.55%, while Institutions and Non-Institutions held 33.54% and 15.91% respectively.
Britannia Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported 2- fold jump in its net profit at Rs 766.93 crore for the quarter under review as compared to Rs 356.57 crore for the same quarter in the previous year. Total income of the company increased 18.46% at Rs 4,059.59 crore for Q3FY23 as compared to Rs 3,427.11 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 932.40 crore for the quarter under review as compared to Rs 369.18 crore for the same quarter in the previous year. Total income of the company increased 17.01% at Rs 4247.55 crore for Q3FY23 as compared to Rs 3630.11 crore for the corresponding quarter previous year.
