Britannia Industries Q1 profit up but lower than expected; revenue beats the Street

The EBITDA margin narrowed to 16.4% compared to 17.7% in the corresponding period of the previous fiscal. The CNBC-TV18 poll had predicted a margin of 17.8% this quarter. Shares of Britannia Industries Ltd ended at ₹5,631.35, down by ₹153.85, or 2.66%, on the BSE.

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