Britannia Industries Limited: Financial Overview for FY 2023-2024
Key Financial Metrics
- Revenue: The total revenue for FY 2023-24 was ₹16,186.08 crores, showing an increase from ₹15,618.42 crores in FY 2022-23.
- Net Profit: The company reported a net profit of ₹2,082.05 crores in FY 2023-24, compared to ₹2,139.30 crores in the previous year.
- Earnings Per Share (EPS):
- Basic: ₹22.01 for FY 2023-24 (FY 2022-23: ₹23.17).
- Diluted: ₹22.01 for FY 2023-24 (FY 2022-23: ₹23.17).
Financial Position
- Total Assets: The company’s assets stood at ₹8,370.84 crores by the end of March 2024.
- Equity and Liabilities: Total equity was ₹3,527.52 crores and total liabilities were ₹4,843.32 crores as of March 2024.
Ratios
- Debt-Equity Ratio: 0.58 in FY 2023-24, which suggests a healthy balance between debt and equity financing.
- Net Profit Margin: 13.32% for FY 2023-24, indicating the percentage of revenue that constitutes the net income.
Dividend
- The Board recommended a final dividend of ₹73.50 per equity share for FY 2023-24.
Auditor’s Opinion
- The financial statements received an unmodified opinion from the auditors, indicating that they present a true and fair view of the company’s financial condition and operations in accordance with applicable accounting standards.
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