Britannia Q3 PAT might increase 12.1% YoY to Rs. 414.2 cr: Yes Securities
Thu, Jan 21, 2021 6:00 PM

Britannia Q3 PAT might increase 12.1% YoY to Rs. 414.2 cr: Yes Securities

A Flip by Flipitnews
Get it on Google Play
Yes Securities worked out its Q3 (October-December’ 20) earnings estimates for the Consumer Staples sector. The brokerage house expects Britannia Industries Ltd to report net profit at Rs. 414.2 crore up 12.1% year-on-year (down 16.4% quarter-on-quarter). Net Sales are expected to increase by 9 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs. 3,251.1 crore, according to Yes Securities.

More great flips

India to see highest number of new EV model launches in year ahead

India to see highest number of new EV model launches in year ahead

About 25 models of battery electric vehicles (BEVs) are lined up for release by 20 carmakers in India in the year ahead - the highest number so far - at prices ranging from Rs 5 lakh to Rs 3.5 crore. Although BEVs account for only 2.2 percent of passenger vehicle sales in the country, the automotive industry is embracing electric cars as part of its future product lineup.

Open Flip
VIP Industries shares jump 15% on brokerage upgrades

VIP Industries shares jump 15% on brokerage upgrades

Shares of VIP Industries jumped nearly 15% on Thursday to hit the day’s high of Rs 534 on the NSE after a couple of domestic brokerages upgraded the stock following the company’s analyst meeting. Prabhudas Liladher and Centrum have raised their ratings on the stock to ‘Buy’ with a revision in their price targets.

Open Flip
UltraTech Cement to acquire 26% equity in O2 Renewable Energy

UltraTech Cement to acquire 26% equity in O2 Renewable Energy

UltraTech Cement on Wednesday said it will acquire 26 per cent equity of O2 Renewable Energy, a company engaged in the generation and transmission of renewable energy. This will help the Aditya Birla Group firm meet green energy needs, optimise energy costs and comply with regulatory requirements for captive power consumption under electricity laws.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon