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REUTERS - Biscuit maker Britannia Industries Ltd on Thursday reported a six percent rise in fourth-quarter consolidated profit.
Consolidated profit came in at 2.11 billion rupees ($32.65 million), compared with 1.99 billion rupees a year earlier, the company said in a statement. (bit.ly/2rTJyob)
Analysts on average had expected a consolidated profit of 2.18 billion rupees in the March quarter, according to Thomson Reuters data.
Consolidated revenue rose 6 percent to 23.16 billion rupees.
($1 = 64.6225 Indian rupees)
Reporting By Arnab Paul in Bengaluru; Editing by Vyas Mohan