Britannia Q1 results show revenue fell from 4079.55 crores to 4064.63 crores, a -0.37% decrease in growth. EPS down from ₹23.19 to ₹19, down by -18.07%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Britannia shared its Q1 results on Friday. They earned 4064.63 crores in revenue this quarter, but that’s less than the 4079.55 crores they made last quarter. Unfortunately, the company’s growth decreased by -0.37 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 457.55 crores, down from 558.66 crores in the previous quarter. Their quarter-to-quarter growth decreased by -18.10 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹19, which is a decrease of -18.07% from the ₹23.19 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 4064.63 crores this year (2023), which is 8.20 percent higher than last year’s total revenue of 3756.46 crores.
This year’s PAT (Profit After Tax) is 457.55 crores, which is also 35.59% higher than last year’s PAT of 337.44 crores.
The EPS (Earnings Per Share) for this year is ₹19, which is 35.62% more than the EPS of ₹14.01 earned last year.
Also Read: BHEL Q1FY24 Results: Consolidated Loss of Rs. 343.89 Cr
Britannia Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Britannia:
Britannia Industries Limited stands as an Indian multinational FMCG company, focusing on the food industry, and is affiliated with the Wadia Group, led by Nusli Wadia. Established in 1892 and headquartered in Kolkata, it holds the distinction of being one of India’s oldest operating companies, renowned for its range of biscuit products.
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