Britannia Industries Ltd
NSE:BRITANNIA
Income Statement
Earnings Waterfall
Britannia Industries Ltd
Revenue
|
167.2B
INR
|
Cost of Revenue
|
-94.7B
INR
|
Gross Profit
|
72.6B
INR
|
Operating Expenses
|
-43.6B
INR
|
Operating Income
|
29B
INR
|
Other Expenses
|
-7.4B
INR
|
Net Income
|
21.6B
INR
|
Income Statement
Britannia Industries Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
67 520
N/A
|
69 127
+2%
|
71 482
+3%
|
73 669
+3%
|
76 072
+3%
|
78 584
+3%
|
80 853
+3%
|
83 145
+3%
|
85 008
+2%
|
86 262
+1%
|
88 088
+2%
|
90 612
+3%
|
91 969
+1%
|
93 241
+1%
|
94 673
+2%
|
95 565
+1%
|
97 687
+2%
|
99 901
+2%
|
101 941
+2%
|
105 184
+3%
|
107 933
+3%
|
110 547
+2%
|
112 114
+1%
|
113 906
+2%
|
115 309
+1%
|
115 996
+1%
|
123 199
+6%
|
126 902
+3%
|
128 731
+1%
|
131 361
+2%
|
131 190
0%
|
133 073
+1%
|
137 167
+3%
|
141 363
+3%
|
144 339
+2%
|
152 061
+5%
|
158 279
+4%
|
163 006
+3%
|
166 103
+2%
|
166 636
+0%
|
167 231
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(40 759)
|
(41 915)
|
(43 487)
|
(44 892)
|
(46 197)
|
(47 154)
|
(48 142)
|
(49 528)
|
(50 869)
|
(52 609)
|
(53 699)
|
(55 992)
|
(57 384)
|
(58 790)
|
(59 784)
|
(60 030)
|
(60 852)
|
(62 187)
|
(62 462)
|
(63 827)
|
(64 770)
|
(65 999)
|
(66 444)
|
(67 480)
|
(68 434)
|
(69 661)
|
(73 142)
|
(74 552)
|
(74 924)
|
(76 642)
|
(77 166)
|
(80 058)
|
(84 240)
|
(88 003)
|
(90 099)
|
(94 302)
|
(95 753)
|
(96 416)
|
(95 839)
|
(94 411)
|
(94 654)
|
|
Gross Profit |
26 760
N/A
|
27 212
+2%
|
27 995
+3%
|
28 778
+3%
|
29 875
+4%
|
31 431
+5%
|
32 710
+4%
|
33 616
+3%
|
34 139
+2%
|
33 653
-1%
|
34 389
+2%
|
34 620
+1%
|
34 584
0%
|
34 451
0%
|
34 888
+1%
|
35 534
+2%
|
36 835
+4%
|
37 714
+2%
|
39 480
+5%
|
41 358
+5%
|
43 165
+4%
|
44 547
+3%
|
45 671
+3%
|
46 427
+2%
|
46 875
+1%
|
46 334
-1%
|
50 057
+8%
|
52 350
+5%
|
53 807
+3%
|
54 720
+2%
|
54 023
-1%
|
53 014
-2%
|
52 926
0%
|
53 360
+1%
|
54 239
+2%
|
57 758
+6%
|
62 525
+8%
|
66 589
+7%
|
70 264
+6%
|
72 225
+3%
|
72 577
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(21 532)
|
(21 762)
|
(22 361)
|
(22 631)
|
(23 246)
|
(24 171)
|
(24 287)
|
(24 131)
|
(23 693)
|
(22 548)
|
(23 108)
|
(23 211)
|
(23 183)
|
(22 834)
|
(23 248)
|
(23 554)
|
(24 022)
|
(24 115)
|
(25 300)
|
(26 444)
|
(27 812)
|
(28 829)
|
(29 994)
|
(30 451)
|
(30 439)
|
(29 748)
|
(30 282)
|
(30 779)
|
(31 161)
|
(31 602)
|
(32 553)
|
(32 731)
|
(33 378)
|
(33 347)
|
(34 778)
|
(36 779)
|
(38 844)
|
(40 532)
|
(42 531)
|
(43 085)
|
(43 602)
|
|
Selling, General & Administrative |
(13 067)
|
(18 938)
|
(13 216)
|
(13 170)
|
(13 401)
|
(20 557)
|
(11 849)
|
(9 301)
|
(6 511)
|
(18 855)
|
(3 467)
|
(3 520)
|
(3 503)
|
(18 780)
|
(3 585)
|
(3 775)
|
(3 829)
|
(19 593)
|
(4 176)
|
(4 186)
|
(4 420)
|
(23 329)
|
(4 538)
|
(4 694)
|
(4 740)
|
(23 911)
|
(5 031)
|
(5 140)
|
(5 242)
|
(25 416)
|
(5 298)
|
(5 489)
|
(5 450)
|
(27 000)
|
(5 499)
|
(5 589)
|
(6 092)
|
(32 968)
|
(6 997)
|
(6 970)
|
(7 173)
|
|
Depreciation & Amortization |
(814)
|
(837)
|
(955)
|
(1 052)
|
(1 165)
|
(1 625)
|
(1 401)
|
(1 365)
|
(1 321)
|
(1 134)
|
(1 140)
|
(1 157)
|
(1 179)
|
(1 190)
|
(1 246)
|
(1 293)
|
(1 319)
|
(1 418)
|
(1 445)
|
(1 478)
|
(1 573)
|
(1 616)
|
(1 710)
|
(1 790)
|
(1 833)
|
(1 846)
|
(1 881)
|
(1 917)
|
(1 936)
|
(1 976)
|
(1 990)
|
(2 007)
|
(2 025)
|
(2 003)
|
(2 025)
|
(2 040)
|
(2 116)
|
(2 252)
|
(2 458)
|
(2 658)
|
(2 859)
|
|
Other Operating Expenses |
(7 653)
|
(1 986)
|
(8 190)
|
(8 408)
|
(8 678)
|
(1 991)
|
(11 037)
|
(13 466)
|
(15 862)
|
(2 559)
|
(18 501)
|
(18 535)
|
(18 502)
|
(2 864)
|
(18 419)
|
(18 486)
|
(18 874)
|
(3 104)
|
(19 678)
|
(20 779)
|
(21 818)
|
(3 884)
|
(23 746)
|
(23 968)
|
(23 868)
|
(3 991)
|
(23 372)
|
(23 724)
|
(23 984)
|
(4 211)
|
(25 264)
|
(25 234)
|
(25 903)
|
(4 344)
|
(27 255)
|
(29 152)
|
(30 637)
|
(5 312)
|
(33 077)
|
(33 457)
|
(33 571)
|
|
Operating Income |
5 228
N/A
|
5 451
+4%
|
5 635
+3%
|
6 148
+9%
|
6 631
+8%
|
7 259
+9%
|
8 425
+16%
|
9 486
+13%
|
10 446
+10%
|
11 105
+6%
|
11 281
+2%
|
11 409
+1%
|
11 402
0%
|
11 618
+2%
|
11 641
+0%
|
11 981
+3%
|
12 813
+7%
|
13 599
+6%
|
14 180
+4%
|
14 914
+5%
|
15 353
+3%
|
15 718
+2%
|
15 677
0%
|
15 976
+2%
|
16 435
+3%
|
16 587
+1%
|
19 774
+19%
|
21 570
+9%
|
22 646
+5%
|
23 117
+2%
|
21 471
-7%
|
20 284
-6%
|
19 549
-4%
|
20 013
+2%
|
19 462
-3%
|
20 980
+8%
|
23 682
+13%
|
26 057
+10%
|
27 733
+6%
|
29 140
+5%
|
28 974
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(163)
|
107
|
(50)
|
(51)
|
(46)
|
811
|
(36)
|
(40)
|
(42)
|
1 182
|
(57)
|
(57)
|
(56)
|
1 434
|
(50)
|
(48)
|
(61)
|
1 562
|
(92)
|
(104)
|
(116)
|
1 929
|
(178)
|
(314)
|
(512)
|
2 003
|
(919)
|
(1 055)
|
(1 139)
|
1 964
|
(1 186)
|
(1 276)
|
(1 339)
|
746
|
(1 526)
|
(1 680)
|
(1 666)
|
479
|
(1 717)
|
(1 721)
|
(1 678)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
1 582
|
1 461
|
(139)
|
1 461
|
(121)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(156)
|
(167)
|
(167)
|
(170)
|
(15)
|
(9)
|
(9)
|
(6)
|
(5)
|
0
|
(10)
|
(10)
|
(10)
|
(10)
|
3 756
|
3 756
|
3 756
|
3 756
|
(29)
|
|
Gain/Loss on Disposition of Assets |
0
|
97
|
0
|
0
|
0
|
1 535
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
|
Total Other Income |
387
|
39
|
412
|
555
|
705
|
30
|
904
|
1 050
|
1 169
|
10
|
1 400
|
1 482
|
1 556
|
6
|
1 482
|
1 578
|
1 548
|
16
|
1 731
|
1 663
|
1 904
|
22
|
2 320
|
2 562
|
2 614
|
23
|
3 057
|
3 110
|
3 284
|
58
|
2 798
|
2 597
|
2 322
|
25
|
2 178
|
2 176
|
2 133
|
28
|
2 143
|
2 135
|
2 132
|
|
Pre-Tax Income |
5 451
N/A
|
5 693
+4%
|
5 996
+5%
|
8 233
+37%
|
8 751
+6%
|
9 496
+9%
|
10 754
+13%
|
10 375
-4%
|
11 574
+12%
|
12 205
+5%
|
12 626
+3%
|
12 835
+2%
|
12 902
+1%
|
13 040
+1%
|
13 072
+0%
|
13 512
+3%
|
14 301
+6%
|
15 182
+6%
|
15 821
+4%
|
16 474
+4%
|
17 142
+4%
|
17 679
+3%
|
17 662
0%
|
18 055
+2%
|
18 369
+2%
|
18 443
+0%
|
21 898
+19%
|
23 618
+8%
|
24 783
+5%
|
25 136
+1%
|
23 078
-8%
|
21 604
-6%
|
20 521
-5%
|
20 783
+1%
|
20 103
-3%
|
21 467
+7%
|
27 906
+30%
|
30 328
+9%
|
31 916
+5%
|
33 310
+4%
|
29 400
-12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 652)
|
(1 736)
|
(1 797)
|
(2 310)
|
(2 459)
|
(2 611)
|
(3 070)
|
(3 182)
|
(3 646)
|
(3 961)
|
(4 126)
|
(4 206)
|
(4 176)
|
(4 197)
|
(4 259)
|
(4 429)
|
(4 786)
|
(5 142)
|
(5 362)
|
(5 595)
|
(5 899)
|
(6 125)
|
(6 204)
|
(5 600)
|
(5 215)
|
(4 507)
|
(5 021)
|
(5 816)
|
(6 154)
|
(6 630)
|
(6 129)
|
(5 789)
|
(5 540)
|
(5 624)
|
(5 456)
|
(5 732)
|
(6 539)
|
(7 165)
|
(7 555)
|
(7 991)
|
(7 847)
|
|
Income from Continuing Operations |
3 799
|
3 957
|
4 198
|
5 923
|
6 292
|
6 885
|
7 684
|
7 193
|
7 928
|
8 244
|
8 500
|
8 629
|
8 726
|
8 843
|
8 813
|
9 083
|
9 516
|
10 040
|
10 460
|
10 880
|
11 244
|
11 555
|
11 460
|
12 457
|
13 155
|
13 936
|
16 877
|
17 802
|
18 629
|
18 506
|
16 949
|
15 815
|
14 981
|
15 160
|
14 647
|
15 735
|
21 367
|
23 163
|
24 361
|
25 320
|
21 552
|
|
Income to Minority Interest |
4
|
(1)
|
(1)
|
3
|
1
|
1
|
1
|
(3)
|
(3)
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(2)
|
3
|
4
|
3
|
10
|
37
|
59
|
75
|
97
|
90
|
97
|
111
|
114
|
133
|
128
|
123
|
112
|
88
|
80
|
83
|
63
|
55
|
59
|
43
|
50
|
|
Equity Earnings Affiliates |
(6)
|
(3)
|
(3)
|
(3)
|
(3)
|
2
|
3
|
5
|
7
|
2
|
4
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
3 798
N/A
|
3 954
+4%
|
4 196
+6%
|
5 925
+41%
|
6 292
+6%
|
6 886
+9%
|
7 688
+12%
|
7 194
-6%
|
7 929
+10%
|
8 245
+4%
|
8 499
+3%
|
8 628
+2%
|
8 725
+1%
|
8 845
+1%
|
8 814
0%
|
9 085
+3%
|
9 516
+5%
|
10 042
+6%
|
10 465
+4%
|
10 884
+4%
|
11 255
+3%
|
11 591
+3%
|
11 519
-1%
|
12 531
+9%
|
13 250
+6%
|
14 026
+6%
|
16 973
+21%
|
17 912
+6%
|
18 744
+5%
|
18 639
-1%
|
17 078
-8%
|
15 939
-7%
|
15 093
-5%
|
15 248
+1%
|
14 727
-3%
|
15 818
+7%
|
21 430
+35%
|
23 218
+8%
|
24 419
+5%
|
25 362
+4%
|
21 602
-15%
|
|
EPS (Diluted) |
15.82
N/A
|
16.47
+4%
|
17.48
+6%
|
24.68
+41%
|
26.21
+6%
|
28.71
+10%
|
32.16
+12%
|
29.97
-7%
|
33.03
+10%
|
34.36
+4%
|
35.71
+4%
|
35.95
+1%
|
36.35
+1%
|
36.85
+1%
|
36.72
0%
|
37.84
+3%
|
39.65
+5%
|
41.84
+6%
|
43.6
+4%
|
45.35
+4%
|
46.89
+3%
|
48.29
+3%
|
47.99
-1%
|
52.21
+9%
|
54.97
+5%
|
58.44
+6%
|
70.42
+20%
|
74.32
+6%
|
77.77
+5%
|
77.34
-1%
|
70.86
-8%
|
66.13
-7%
|
62.62
-5%
|
63.26
+1%
|
61.1
-3%
|
65.63
+7%
|
88.92
+35%
|
96.39
+8%
|
101.38
+5%
|
105.36
+4%
|
89.71
-15%
|