Britannia Profit Beats Estimates
India's Britannia Industries posted a higher quarterly profit of 7.21 billion rupees, beating analyst estimates as steady packaged foods demand and price increases offset rising commodity costs.
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Britannia Industries Ltd posted a quarterly profit of 7.21 billion rupees ($76.29M) on Thursday afternoon, beating analyst estimates on steady packaged foods demand in India. The result surpassed the 7.17 billion rupee consensus compiled by LSEG. It compares with 6.54 billion rupees a year earlier.
