Bakery food company Britannia Industries Ltd on Wednesday reported a 23.23 per cent rise in consolidated net profit to Rs 655.06 crore for the September quarter, helped by stable commodity prices and cost optimisation efforts.

The company had posted a net profit of Rs 531.55 crore in the July-September quarter a year ago, according to a regulatory filing by Britannia Industries.

Britannia Industries’ revenue from the sale of products increased 4 per cent to Rs 4,752.17 crore in the September quarter.

Its revenue from operations rose 3.7 per cent to Rs 4,840.63 crore in the September quarter. It was Rs 4,667.57 crore in the corresponding quarter.

During the quarter, Britannia recorded a “reasonable growth” in revenue with the profits growing by 23.2 per cent. It is “driven by relative

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