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VERIFIEDET Finance·neutral
Britannia sees demand rise, but sugar and palm oil costs bite
AI Summary
- ·Britannia Industries reported a 9.5% rise in revenue and a nearly 14% increase in profit year-on-year for the June quarter.
- ·Consumer demand for Britannia's products strengthened during the June quarter.
- ·Rising costs of sugar, palm oil, and fuel are impacting Britannia's profit margins.