Britannia's market capitalisation dropped by roughly $2 billion in two days as its shares plunged following the lower-than-expected earnings in the September quarter. Its shares ended 7.3% lower on Tuesday. The company's net profit fell around 10% YoY to ₹531 crore in Q2, while its revenue was up 5.3% YoY to ₹4,667 crore.
short by
Mansi Agarwal /
11:11 pm on
12 Nov