India's Britannia beats profit estimates on price increases

Britannia Industries

06/02/2025 13:42

Feb 6 (Reuters) - Indian biscuit maker Britannia
Industries  BRIT.NS  beat third-quarter profit estimates on
Thursday, as price hikes helped offset the impact of rise in
commodity prices.
    The company, which sells 'Jim Jam' and 'NutriChoice'
biscuits, reported a 5% increase in consolidated net profit to
5.82 billion rupees ($66.43 million) for the three months ended
December 31.
    Analysts, on average, had expected a profit of 5.21 billion
rupees, according to estimates compiled by LSEG.

($1 = 87.6130 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru and Praveen
Paramasivam in Chennai; Editing by Mrigank Dhaniwala)
 ((Ananta.agarwal@thomsonreuters.com;))