May 15, 2018 / 2:28 PM / 9 days ago

Britannia Industries fourth-quarter profit up 25 percent

(Reuters) - Packaged-food major Britannia Industries Ltd posted a near 25 percent rise in quarterly net profit on Tuesday, in line with estimates.

Net profit for the quarter ended March 31 came in at 2.63 billion rupees ($38.64 million) compared with 2.11 billion rupees in the year-ago quarter.

Analysts, on average, had estimated a net profit of 2.64 billion rupees, according to Thomson Reuters data.

Total revenue from operations rose about 10 percent to 25.38 billion rupees.

($1 = 68.0700 Indian rupees)

Reporting By Arnab Paul and Aby Jose Koilparambil in Bengaluru; Editing by Shailesh Kuber

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