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Price hikes helped Britannia's Q3 profit
Mint Hyderabad
|February 07, 2024
Biscuit maker Britannia Industries beat third-quarter profit estimates on Thursday, as price hikes helped it counter the impact of a rise in commodity prices.
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The company, which sells 'Jim Jam' and 'NutriChoice' biscuits, reported a 5% increase in consolidated net profit to ₹582 crore ($66.43 million) for the three months ended 31 December.
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