The net profit has seen a steep fall due to poor sales.
This is the eleventh consecutive quarter of positive system sales growth for KFC and Pizza Hut brands in the country.
The international businesses remained flat due to slow-down in geographies like Middle East and Africa, Britannia said.
The January-December financial year following company had posted a net profit of Rs 263.43 crore for the April-June quarter of 2017-18.
Revenue for the quarter under review stood at Rs 340.07 crore, an increase of 9.24 percent as compared to Rs 311.30 crore it posted during the…
The growth was on the back of a strong same-store-growth of 25.9% in Domino’s Pizza, the company said during its earnings announcement.
While chips have been less affected than sodas, PepsiCo has also introduced organic versions of some big snack brands, in addition to buying startup…
The packaged foods business was the first FMCG category the conglomerate had entered 17 years ago to reduce its reliance on the cigarette revenue…
Total revenue of the company increased 39.38 per cent to Rs 392.95 crore during the quarter under review. The figure stood at Rs 281.92 crore in the…
The company reported 27 percent rise in its revenue to Rs 780 crore in the fourth quarter as compared to Rs 612 crore it posted during the…
The Company reported Net Profit of Rs. 167 crore for Q4FY18, as compared to Rs. 97 crore in the corresponding quarter of last year.
In India, Tuborg accounts for more than two-thirds of the company's annual sales.
Operating profit rose 16.2 per cent YoY to Rs 485.20 crore. PAT margin expanded 209 basis points on a YoY basis to 19.5 per cent.
McDonald's U.S. restaurants also topped sales estimates due to increased customer visits and higher menu prices.
Net income rose to $93.3 million, or $2.09 per share, in the fourth-quarter ended Dec. 31, from $72.7 million, or $1.48 per share, a year earlier.
The annual pretax profit would be slightly ahead of market expectations.
Net income attributable to the company fell to $46.2 million or 48 cents per share, in the third quarter ended Sept. 26 from $54.7 million or 52 cents per share, a year earlier.
Net income rose to about $1.50 billion, or $1.90 per share, in the second quarter ended June 30 from about $1.40 billion, or $1.70 per share, a year earlier.
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