Shares of India's Britannia Industries Ltd rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit.
Biscuits pass along a conveyor belt after being baked at the Britannia factory in New Delhi June 3, 2011. REUTERS/Adnan Abidirose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit.was 4.93 billion rupees for the three months ended on Sept. 30, beating analysts' expectations for a profit of 4.12 billion rupees, according to Refinitiv IBES data.
Total revenue from operations rose 21.4% to 43.8 billion rupees from 36.07 billion rupees a year ago.
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