• 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.
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
Advertisement