Britannia Industries has posted a 11 per cent increase in net profit to Rs 62.1 crore for the third quarter this fiscal.

Consolidated revenues grew 16.4 per cent to Rs 1,607.9 crore. On a standalone basis, net profit grew 5.3 per cent to Rs 57 crore while revenues increased 16.8 per cent to Rs 1,453.3 crore, a press statement from the company said. “Our growth momentum is solid with 16.4 per cent increase in revenue during this quarter.

We continue to invest in our brands and infrastructure to drive profitable growth,” Managing DirectorVinita Bali said.

(This article was published on February 11, 2013)
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