Britannia Q2 Results: Revenue Surges 15.6% To Beat Estimates. So Why Did Margins Shrink?
Indian markets moved higher in a quarterly results development.
· NDTV Profit
Margin shrank as materials consumed, purchases of stock-in-trade, change in inventories rose to Rs 3,378 crore.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Related coverage
Emcure Pharma shares jump 7% after Q2 profit rises 29% YoY to Rs 325 crore
Chalet Hotels Q2 net profit rises 40% to ₹216 crore, revenue falls 32%
LG Electronics Q2 results: Net profit up 25.6% to ₹489 cr, revenue up 20%
Biocon share price rises nearly 6% despite 52% dip in Q2 profit
Nykaa's Q2 fails to impress Street despite 200% rise in PAT; stock falls 2%