Britannia reported its first quarter results for FY25 after markets closed on Friday.

What Happened: The Jim Jam maker posted a consolidated net profit of ₹505.64 crore, marking a 10.5% jump from ₹458 crores reported in the same quarter last year. Sequentially, net profit numbers saw a dip of 6% from 538.28 crore.

Britannia's revenue from operations stood at ₹4,250.29 crore in the April-June period against ₹4,010.70 crore in the year-ago period. Last quarter, the firm clocked in an operational revenue of ₹4,069.36 crore.

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The biscuit maker, famous for brands like Good Day and Marie Gold, saw its total income increase to ₹4,306 crore.

Additionally, the company also announced the acquisition of Amplus Energy Solutions Pte. Ltd. Britannia intends to invest ₹4.3 crore, which will represent a 26% ownership stake, in the special purpose vehicles (SPVs) of the company.

Britannia’s peer ITC reported its first quarter earnings for FY25 on Thursday. Revenue rose 7% pushed by its cigarettes business while net profit missed analysts’ estimates. Brokerages had mixed opinions on the company’s outlook with most bullish about its cigarettes unit.

Price Action: Shares of Britannia closed 0.63% higher at ₹5,766 on Friday.

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