BRITANNIA INDUSTRIES LTD. has reported financial results for the period ended March 31, 2021.
Financial Results (Q4 FY20-21) - QoQ Comparison
The company has reported total income of Rs.3193.94 crores during the period ended March 31, 2021 as compared to Rs.3248.17 crores during the period ended December 31, 2020.
The company has posted net profit / (loss) of Rs.364.32 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.455.75 crores for the period ended December 31, 2020.
The company has reported EPS of Rs.15.12 for the period ended March 31, 2021 as compared to Rs.18.92 for the period ended December 31, 2020.
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Total Income | ₹ 3193.94 crs | ₹ 3248.17 crs | -1.67% |
Net Profit | ₹ 364.32 crs | ₹ 455.75 crs | -20.06% |
EPS | ₹ 15.12 | ₹ 18.92 | -20.08% |
Financial Results (Q4 FY20-21) - YoY ComparisonThe company has reported total income of Rs.3193.94 crores during the period ended March 31, 2021 as compared to Rs.2946.32 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.364.32 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.374.75 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.15.12 for the period ended March 31, 2021 as compared to Rs.15.58 for the period ended March 31, 2020.
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Total Income | ₹ 3193.94 crs | ₹ 2946.32 crs | 8.4% |
Net Profit | ₹ 364.32 crs | ₹ 374.75 crs | -2.78% |
EPS | ₹ 15.12 | ₹ 15.58 | -2.95% |
Financial Results (Year ended FY 20-21) - YoY ComparisonThe company has reported total income of Rs.13449.01 crores during the 12 months period ended March 31, 2021 as compared to Rs.11878.95 crores during the 12 months period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.1863.90 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.1402.63 crores for the 12 months period ended March 31, 2020.
The company has reported EPS of Rs.77.40 for the 12 months period ended March 31, 2021 as compared to Rs.58.34 for the 12 months period ended March 31, 2020.
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Total Income | ₹ 13449.01 crs | ₹ 11878.95 crs | 13.22% |
Net Profit | ₹ 1863.90 crs | ₹ 1402.63 crs | 32.89% |
EPS | ₹ 77.40 | ₹58.34 | 32.67% |
Commenting on the performance, Mr. Varun Berry, Managing Director, said: The year has been difficult and challenging in every possible way. Despite the adverse conditions, we managed to deliver good results in terms of topline growth, profitability improvement and market share gains. During the last quarter of the year, we implemented three transformational digital projects namely S4 HANA, an Online Dealer Management System and an Integrated Vendor Management System. The delivery of these projects necessitated shutdown of operations for a few days in March which impacted primary billing for the quarter. We are confident that with all the core systems getting upgraded and integrated we are well poised to take our business efficiencies to the next level while leveraging the large amounts of data available to build business intelligence and analytics.
During the quarter, we continued focussing on the basic building blocks of our business, direct reach, rural distribution & brand building. Our cost efficiency program for the year delivered the targeted results giving us strong cost leadership. On the commodity cost front, palm oil, packing material and dairy products witnessed sudden and steep increases while strategic buying helped the company manage the cost increases better. We are evaluating the long term impact of these increases to action necessary price increases while ensuring competitiveness.
In these unprecedented times, we have put the physical and emotional wellbeing of our employees and their families above everything else. A 24/7 medical concierge desk has been set up for the employees. The desk provides support for tests, reports, has a 24/7 doctor on call, ambulance pickups and hospital admissions. A counsellor is on call to help employees cope with emotional trauma. Employees who are working in the frontline are provided financial protection through Insurance and other means in addition to special leaves and unstinted organizational support. Safety of employees and their families shall remain the most important endeavor of the company as we navigate these difficult times.
Shares of BRITANNIA INDUSTRIES LTD. was last trading in BSE at Rs.3540 as compared to the previous close of Rs. 3539.7. The total number of shares traded during the day was 59580 in over 4562 trades.
The stock hit an intraday high of Rs. 3570.5 and intraday low of 3517.5. The net turnover during the day was Rs. 210819365.
Source : Equity Bulls
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