New Delhi : Bakery and dairy products maker Britannia Industries reported a 27% increase in net profit at Rs 113.66 crore for the first quarter. Net sales rose by 15.13% to Rs 1,772.63 crore. Britannia Industries MD Varun Berry said: “Our results are a reflection of our focus on driving consumer off-take and leveraging fundamental levers of operations to generate sustainable and profitable growth.”