February 12, 2018 / 12:23 PM / 8 months ago

India's Britannia Industries Q3 profit jumps 20 pct, misses estimates

Feb 12 (Reuters) - Packaged food major Britannia Industries Ltd posted a 20 percent increase in quarterly profit on Monday, but missed street estimates.

Net profit for the three-months ended Dec. 31 stood at 2.64 billion rupees ($41.05 million) versus 2.20 billion rupees a year ago, the biscuit-maker said. bit.ly/2G4dvbe

Analysts expected a profit of 2.74 billion rupees, Thomson Reuters data showed.

Total revenue from operations grew 9 percent to 25.67 billion rupees.

$1 = 64.3050 Indian rupees Reporting By Arnab Paul and Vishal Sridhar in Bengaluru; Editing by Biju Dwarakanath

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