INSUBCONTINENT EXCLUSIVE:
New Delhi: Britannia Industries is likely to post single-digit profit growth in Q4FY20 as the quarter was partially marred by the rise in
raw material prices and the outbreak of the coronavirus pandemic amid a consumption slowdown
The company is slated to announce its financial results on Thursday.
Brokerage firm Edelweiss Securities sees 1.6 per cent year-on-year
(YoY) rise in profit after tax on 6.9 per cent fall in revenues
compression of 80 basis points.
HDFC Securities believes that Britannia may report 9.5 per cent rise in net profit, while net sales and
for companies in Q4, despite many essential categories witnessing pre-buying at offtake level in March
Lockdown has impacted transportations and channel filling opportunities for the quarter
Trade inventory has reduced for most categories
comments on capacity utilisation, category growth during the lockdown period, commentary on new launches and updates on the completion of
plant from the upcoming quarterly results of the FMCG firm.
An assessment by Emkay Global Financial Services predicts a 5 per cent YoY rise
the domestic business and 5 per cent growth in subsidiary revenues
Cost savings and lower ad spends to aid sustain operating margins
