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High base of the December 2022 quarter could weigh on results this quarter.
A bench led by Justice Sanjiv Khanna noted that both enterprises produce high-quality goods that are enjoyed by all, and they concluded that "it will be better if (the companies) can talk to each other" and settle the dispute. Additionally, it scheduled a follow-up hearing for January.
Flattish sales volumes likely during the quarter.
Robust performance expected on all key parameters.
Britannia has gained nearly 5 % in the past four days
Aggregate Revenue/ EBITDA/ PAT increased by 10.5%/ 16.4%/ 18.7% over the year-ago quarter, driven by a balance of pricing and volumes.
Strong show likely on all fronts
The Board of Directors of Britannia has announced n Interim Dividend of Rs 72/share of the face value of Re 1 each.
The interim dividend will be paid to the shareholders whose names appear on the register of members of the company on record date.
FMCG (+0.46%) and Metal stocks (+0.33%) indices are trading marginally higher.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.