Shares in India's Britannia Industries fell as much as 2.2% on Monday - the biggest loser on India's bluechip index - after the Marie Gold biscuits maker reported quarterly earnings below estimates partly due to higher expenses.
- after the Marie Gold biscuits maker reported quarterly earnings below estimates partly due to higher expenses.a consolidated profit of 4.58 billion rupees for the first quarter ended June 30, compared with 3.37 billion rupees a year earlier.
However, that was below market expectations of 5.06 billion rupees, according to IBES data from Refinitiv.
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