Britannia Industries share price dips by 5%

Britannia Industries share price dips by 5%

On October 20, Britannia Industries' share price slipped over 5 percent Intraday.

The share price slipped down after the company released its second-quarter earnings.

The company reported a 23.2 percent year-on-year growth in consolidated profit at Rs 498.13 crore for the quarter ended September 2020 but an 82 percent increase in tax expenses hit profitability.