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BRITANNIA — Britannia Industries News Story

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India's Britannia posts higher quarterly profit

Feb 10 (Reuters) - Indian biscuit maker Britannia Industries BRIT.NS reported a 17% rise in third-quarter profit on Tuesday, as tax cuts boosted demand.

The company, known for its Marie Gold and Good Day brand of biscuits, reported a consolidated net profit of 6.8 billion rupees ($75.12 million) for the quarter ended December 31, up from 5.82 billion rupees a year ago.

Analysts, on average, were expecting a profit of 6.64 billion rupees, according to LSEG data.

($1 = 90.5240 Indian rupees)

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com;))

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