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Britannia’s Q1 net profit rises 66.86 percent

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9 years ago

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Kolkata: Kolkata-based biscuits major Britannia Industries Ltd (BIL) said on Tuesday that it bposted an increase of 66.86 percent in its net profit for the first quarter of the current fiscal at Rs.189.66 crore as against Rs.113.66 crore in the same period last fiscal.

“This is the best result in terms of margin and profit,” company chairman Nusli Wadia told its shareholders here during the AGM.

The consolidated net income of the company in the review period increased by 12.97 percent at Rs.2,002.51 crore as against Rs.1,772.63 crore during the same period last year.

BIL managing director Varun Berry attributed the performance to the company’s strategy of launching new products and strengthening its distribution channel besides its focus on reduction of wastage and managing the fixed costs.

“We launched 6-7 products in the past 6-8 months and strengthened the distribution network,” he told media persons here after the AGM.

Its brand ‘Good Day’ accounted for Rs.2,000 crore of the earnings making it the highest grossing brand in the company. This was followed by the ‘Marie’ brand with the ‘Tiger’ range earning the company another Rs.1,000 crore.

Its expenditure during the three months under consideration rose by 6.57 percent at Rs.1,757.52 crore as against Rs.1,649.18 crore in the year-ago period.

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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