Britannia Industries
Britannia Industries, in partnership with Google Cloud, WPP’s media company Mindshare, and global creative firm VML, has launched Britannia BourbonIT. This AI-powered platform is designed to transform recipe creation and culinary experiences in India. Built around...
Britannia Industries is in talks to acquire a majority stake in Kishlay Foods, a Guwahati-based manufacturer of western and ethnic snacks, biscuits, sweets, potato chips, noodles, and tea, valued at around INR 600-700 crore, according to...
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Britannia Industries sees 10.85% profit growth, reaches INR 504.88 Cr in Q1 FY25
Britannia Industries, theÍŹ FÍŹÍŹMCG giant, has sÍŹeÍŹeÍŹn aÍŹ ÍŹÍŹ1ÍŹÍŹ0ÍŹ.ÍŹ85ÍŹ%ÍŹ riseÍŹ in ÍŹconÍŹsolidÍŹatÍŹÍŹed net ÍŹpÍŹrofiÍŹt,ÍŹ rÍŹeÍŹachÍŹinÍŹgÍŹ IÍŹÍŹNRÍŹ 504.ÍŹ88 croÍŹÍŹre for theÍŹ quarteÍŹr enÍŹÍŹdÍŹÍŹed ÍŹJune 202ÍŹ4.ÍŹ...
Analysts optimistic as FMCG shares surge up to 10%, hint at ‘start of a catch-up rally’
The recent surge in shares of fast-moving consumer goods (FMCG) companies could mark the onset of sector outperformance over the next few months, experts...
FMCG firms eye volume growth rebound in FY25 with hopes pinned on lower inflation, favorable monsoon
After experiencing sluggish volume growth over the past two years, FMCG companies are now squarely focused on achieving volume growth recovery for FY25. They're...
Britannia ramps up distribution network, reaches 27.9 Lakh outlets in FY24
Britannia Industries, the bakery food company, has significantly expanded its distribution network, reaching approximately 27.9 lakh outlets directly and has added around 2000 rural...
Britannia Industries’ Varun Berry acknowledges rural growth slump amid Q3 FY24 results
After the release of its Q3 FY24 results, Varun Berry, Vice-Chairman and Managing Director of Britannia Industries, informed analysts that rural growth is not...
Britannia’s Q3 FY24 net profit slides 40% to INR 932.40 Crore
Britannia Industries, a renowned bakery food company, reported a 40.40% decrease in consolidated net profit to INR 555.66 crore for the third quarter ended...
Supreme Court calls for mutual resolution in ITC and Britannia packaging dispute
On Wednesday, the Supreme Court instructed ITC Ltd and Britannia Industries to engage in a collaborative discussion and mutually address the dispute regarding their...
‘Healthier’ options account for only 24% of packaged food sales in India, indicates latest ATNI Report
A report from the Access to Nutrition Initiative (ATNI) indicates that merely 24% of sales for major packaged food companies in India come from...
Amidst global volatility, Britannia Industries revamps strategy focusing on urban markets
Britannia Industries, a leading player in the FMCG sector, has expressed apprehensions about evident indications of a slowdown in the rural economy. During its...
Britannia aims for over twofold expansion of cheese business in next 3 years, prioritizing e-commerce and MT channel growth
Britannia Industries, a leading player in the Fast-Moving Consumer Goods (FMCG) sector, has ambitious plans to achieve over a twofold expansion of its cheese...
Britannia Industries reports strong Q1 FY24 performance, net profit surges 35.65% to INR 455.45 Crore
In the first quarter of FY24, Britannia Industries recorded a consolidated net profit of INR 455.45 crore, marking a notable 35.65 percent surge compared...