The shares of Britannia Industries gained 4% to Rs 5,652 on the BSE on Friday after the FMCG major reported a more than 14% year-on-year rise in consolidated net profit to Rs 593 crore for the April-June quarter of the ongoing financial year 2027, with brokerages maintaining their ‘Buy’ calls for the stock.
The company on Thursday released its results for the first quarter of FY27, reporting an 8% YoY rise in revenue from operations to nearly Rs 5,000 crore, from Rs 4,622 crore in the corresponding period of the previous financial year. Its total expenses increased more than 7% YoY to Rs 4,262 crore during the quarter under review.
