Britannia Industries declines on reporting 9% fall in Q2 consolidated net profit
Britannia Industries is currently trading at Rs. 5089.25, down by 336.05 points or 6.19% from its previous closing of Rs. 5425.30 on the BSE.
The scrip opened at Rs. 5526.60 and has touched a high and low of Rs. 5526.60 and Rs. 5074.35 respectively. So far 44454 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6473.10 on 03-Oct-2024 and a 52 week low of Rs. 4628.30 on 28-Nov-2023.
Last one week high and low of the scrip stood at Rs. 5899.00 and Rs. 5074.35 respectively. The current market cap of the company is Rs. 122502.00 crore.
The promoters holding in the company stood at 50.55%, while Institutions and Non-Institutions held 34.14% and 15.31% respectively.
Britannia Industries has reported 9.83% fall in its net profit at Rs 514.41 crore for the second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 570.49 crore for the same quarter in the previous year. However, total income of the company increased by 4.85% at Rs 4,552.82 crore for Q2FY25 as compared to Rs 4,342.03 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 9.37% fall in net profit at Rs 531.55 crore for Q2FY25 as compared to Rs 586.50 crore for the same quarter in the previous year. However, total income of the company increased by 5.09% at Rs 4,713.57 crore for Q2FY25 as compared to Rs 4,485.23 crore for the corresponding quarter previous year.
