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VERIFIEDET Markets·neutral
Britannia Q1 Results: Profit rises 14% to Rs 591 crore, misses estimates as Iran war pushes costs higher
AI Summary
- ·Britannia Industries reported a 14% rise in first-quarter profit to Rs 591 crore.
- ·Profit missed market expectations due to higher expenses.
- ·Increased costs were linked to the Middle East conflict, impacting overall profitability.