• SENSEX
    NIFTY 50
VIDEOS
Earnings

Britannia Industries Q1 earnings today: Domestic volume growth seen at 6%

Updated : August 09, 2019 08:59 AM IST

Britannia Industries will report its first-quarter earnings on Friday and analysts expect the company to report a double-digit profit growth.

  • Revenue growth is seen at 9 percent at Rs 2,775 crore, the EBITDA likley to grow 9.5 percent at around Rs 430 crore.

  • Net profit is likely to grow by 11.5 percent. CNBC-TV18’s poll estimates Rs 287 crore in net profit.

  • The 6 percent volume growth comes on a high base of around 12.5 percent. The street expects a mild decline in the company’s gross margin because wheat and sugar, which accounts for 45 percent of their raw materials, have risen by about 7 to 10.5 percent, respectively.

  • The stock has corrected a fair bit, almost around 25-26 percent. From the peak of around Rs 3,470, now it trades at around Rs 2,500.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV