Britannia Industries stock increased by 9.70% after Q4 results

Britannia recently announced its Q4 FY 2024 results, which led its share price to increase by almost 10% on Monday.

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While the Q4 results witnessed a drop in the net profit by 3.76%, the effort to remain competitive in the market by working on pricing policy, led to positive investor sentiments.

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For Q4 FY2024, Britannia’s total revenue was Rs. 4069.36 cr compared to Rs. 4023.18 in Q4 FY 2023, up by 1.14%.

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The company has also announced a Rs. 73.5 dividend per share for FY 2024.

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The company’s shares were trading in a range of Rs.4802.20 to Rs.5205.45 on Monday with the high being 9.70% up from the previous closing of Rs. 4744.60.

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Britannia Industries stock increased by 9.70% after Q4 results

Britannia recently announced its Q4 FY 2024 results, which led its share price to increase by almost 10% on Monday.

Hike in share price

While the Q4 results witnessed a drop in the net profit by 3.76%, the effort to remain competitive in the market by working on pricing policy, led to positive investor sentiments.

Net profit

For Q4 FY2024, Britannia’s total revenue was Rs. 4069.36 cr compared to Rs. 4023.18 in Q4 FY 2023, up by 1.14%.

Revenue

The company has also announced a Rs. 73.5 dividend per share for FY 2024.

Dividend

The company’s shares were trading in a range of Rs.4802.20 to Rs.5205.45 on Monday with the high being 9.70% up from the previous closing of Rs. 4744.60.

Share price hike

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