May 15 (Reuters) - Packaged-food major Britannia Industries Ltd posted a near 25 percent rise in quarterly net profit on Tuesday, in line with estimates.
Net profit for the quarter ended March 31 came in at 2.63 billion rupees ($38.64 million) compared with 2.11 billion rupees in the year-ago quarter bit.ly/2jXof2j.
Analysts, on average, had estimated a net profit of 2.64 billion rupees, according to Thomson Reuters data.
Total revenue from operations rose about 10 percent to 25.38 billion rupees.
$1 = 68.0700 Indian rupees Reporting By Arnab Paul and Aby Jose Koilparambil in Bengaluru; Editing by Shailesh Kuber