Indian food group Britannia Industries saw its sales and earnings climb in the first six months of its financial year.
In the six-month period, net profit on a consolidated basis soared 77.6% to INR1.87bn (US$29.3m). On a standalone basis, net profit was up 104.3% to INR1.82bn.
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Britannia’s consolidated revenues grew 13.5% in the period to reach INR32.8bn, and on a standalone basis, by 14.2% to INR29.9bn.
Shares in Britannia climbed on the news, up 3.93% at INR910 at 12:59 GMT.
