Varun Berry
Commodity prices may see an uptick post-elections, according to Britannia's Executive Vice-Chairman and Managing Director, Varun Berry. He noted that this increase could particularly affect wheat and sugar, key raw materials for the company. Nevertheless, Britannia...
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 distributors over the past year, as stated in a regulatory filing on...
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FMCG sector eyes monsoon and elections for growth, says Britannia MD
Fast-moving consumer goods (FMCG) have observed a marginal uptick in sales volume growth, as highlighted by Varun Berry, executive vice-chairman and managing director of...
Britannia eyes diversification into chocolates, salty snacks, and fresh dairy through joint ventures, unveils aggressive growth strategy
Britannia Industries, India's renowned biscuit maker, is currently exploring potential joint ventures to enter high-margin categories such as chocolates, fresh dairy, and salty snacks,...
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...
FMCG giants feel the pinch as local brands extend their reach
During the September quarter, local and regional companies have expanded their reach to 31% additional households in categories like biscuits, soap, washing powder, and...
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 Industries reports impressive Q2 2024 earnings with 19.6% net profit surge
Britannia Industries Ltd. saw a boost in its second-quarter earnings for fiscal 2024, surpassing the expectations of financial analysts.According to an exchange filing on...