Mumbai/IBNS, Feb. 11 -- The share prices of Britannia Industries rose 4% after the company reported strong December quarter results, media reports said.

Brokerage firm Nomura noted that volume growth for Q3 exceeded expectations, while sales and margins were higher than anticipated.

CNBC TV18 reported that the EBITDA growth was supported by a 450 basis points expansion in gross margins.

The profit after tax (PAT) stood at Rs. 682.1 crore, marking a 17% year-on-year increase.

Published by HT Digital Content Services with permission from India Blooms....