Britannia zooms 10% to record high, enters Rs 1 lakh crore club on Q2 beat
“Britannia’s growth acceleration is likely more backed by the success of its own GTM (go-to-market) strategy and increase in distribution reach, we reckon. Subsidiaries’ (Dairy + International) performance was more subdued – sales growth of just 4.8% while EBITDA declined by 11.2%,” JM Financial said.
