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Britannia rallies on Q1 growth as Trent and Crompton shares retreat

Britannia gained after reporting higher June-quarter sales and profit despite fuel and freight inflation. Tata retail unit Trent posted profit and revenue growth but fell on muted like-for-like sales. Crompton declined as supply-constraint commentary outweighed steady quarterly growth.

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Reported figures

From the report. Source details below

Britannia consolidated sales rose 9.5% YoY to Rs 4,964 crore
Britannia net profit rose 14.1% YoY to Rs 593 crore
Britannia shares gained about 4.6%
Trent quarterly profit rose 22% to Rs 519 crore
Trent revenue rose 18% to Rs 5,755 crore
Trent shares fell over 2%
Crompton Greaves Consumer Electricals net profit rose 15% YoY to Rs 140 crore
Crompton revenue rose 12% to Rs 2,235 crore
Crompton shares declined about 6.3%

The source

Source Read the source at Financial Express

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