(Reuters) - Packaged food major Britannia Industries Ltd posted a 20 percent increase in quarterly profit on Monday, but missed street estimates.
Net profit for the three-months ended Dec. 31 stood at 2.64 billion rupees ($41.05 million) versus 2.20 billion rupees a year ago, the biscuit-maker said. bit.ly/2G4dvbe
Analysts expected a profit of 2.74 billion rupees, Thomson Reuters data showed.
Total revenue from operations grew 9 percent to 25.67 billion rupees.
($1 = 64.3050 Indian rupees)
Reporting By Arnab Paul and Vishal Sridhar in Bengaluru; Editing by Biju Dwarakanath