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Britannia Industries

GST authorities issue demand notice of ₹6.37 crore to Britannia Industries

GST authorities have issued a demand notice of Rs 6.37 crore to Britannia Industries, and the company is exploring legal remedies. The bakery food company received the order from the Office of the Commissioner of CGST & Central Excise, Thane on Monday, according to a regulatory filing from the company. The order has been passed under Section 74 of the GST Act for FY 2020-21 to FY 2023-24, alleging non-payment of tax due to "incorrect classification" of goods supplied. "The tax and penalty quantified in the order amount to Rs 2,12,40,000 and Rs 4,24,80,000 respectively, totalling to a demand of Rs 6,37,20,000 in addition to the applicable interest," Britannia said. However, this will have " no material impact on the financials, operations or other activities" of the company, said Britannia, which owns popular brands such as Good Day, Tiger, NutriChoice and MarieGold. "The order is appealable and the company shall take necessary actions, including exercising the legal remedies ...

Updated On: 03 Mar 2026 | 2:19 PM IST

Stocks to buy: Kotak Sec recommends Britannia Ind, Smartworks Coworking

Stocks to buy, February 24: Kotak Securities Equity Research Head suggests placing bets on Britannia Industries and Smartworks Coworking Spaces. Here's why

Updated On: 24 Feb 2026 | 7:43 AM IST

F&B players to sustain outperformance; Britannia, Marico top picks: JM Fin

For Q4, the brokerage expects Marico to lead the HPC segment with around 20 per cent sales growth, followed by 9-10 per cent growth for Dabur India and Godrej Consumer Products

Updated On: 19 Feb 2026 | 11:28 AM IST

Britannia sees 'Darvas Box'; VBL, Marico show reversal signs, says analyst

Om Mehra, tech analyst at SAMCO Securities explains that Britannia is trading in a well-defined rectangular range, or more precisely, a Darvas Box repeatedly finding support near the lower boundary.

Updated On: 17 Feb 2026 | 11:02 AM IST

Britannia Industries adopts 'startup mentality' to counter regional rivals

Bakery company Britannia Industries will invest to fight the "regional competition" against small players and in e-commerce to become stronger in product categories like biscuits, rusk, cake, croissants and wafers. As part of its strategy, Britannia will have a "startup mentality" to compete with small players having influence in small pockets, said Managing Director & Chief Executive Officer Rakshit Hargave. "We are going to be fighting regional competition, we are going to be investing in e-commerce, yes, that will require more funds. We are committed to invest that. We believe that the opportunity for us to drive topline better is definitely there," said Hargave in an investors' call. He stressed that driving topline growth was critical to expanding Britannia's consumer base across its portfolio of brands, and the company would take a "pragmatic view" of balancing ambition with resources. Britannia, which owns popular brands such as Good Day, Tiger, NutriChoice and MarieGold, .

Updated On: 16 Feb 2026 | 8:34 PM IST

Britannia share price rises post Q3; Nomura, MOFSL, Emkay see more upside

Britannia Industries shares rise after Q3FY26 earnings beat with strong margin expansion. Nomura raises target to ₹7,275; MOFSL, JM Financial, ICICI Securities remain bullish on stock

Updated On: 13 Feb 2026 | 9:53 PM IST

Britannia Q3FY26 results: Profit rises 17% to ₹680 cr, revenue up 9.5%

Britannia Industries reported a 16.9 per cent rise in Q3FY26 profit to ₹679.96 crore and a 9.5 per cent jump in revenue. It also recorded a past service cost of ₹48.56 crore

Updated On: 10 Feb 2026 | 7:59 PM IST

Q3 result: Titan, Britannia, Eicher Motors, Finolex, and 308 more on Feb 10

Q3FY26 company results: Firms including Britannia, Apollo Hospitals Enterprise, Jubilant FoodWorks, Escorts Kubota and Oil India are also to release their October-December earnings today

Updated On: 10 Feb 2026 | 9:19 AM IST

FMCG Q3 growth dull; recovery amid tailwinds key for valuations: Analysts

In the latest note on the consumer goods sector, Emkay analysts Nitin Gupta and Mohit Dodeja estimated revenue growth of around 6% Y-o-Y & Ebitda growth of about 7% for listed FMCG players in Q3.

Updated On: 06 Jan 2026 | 7:57 AM IST

No more fake Little Hearts: Delhi HC asks Amazon to delist copycat products

The copies were being sold online under the name 'Little Hearts' and looked very similar to Britannia's original product

Updated On: 02 Jan 2026 | 5:00 PM IST

Indian consumer firms to see Q3 margin spur as input costs soften: Nomura

Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.

Updated On: 01 Dec 2025 | 1:27 PM IST

Britannia stock crashes 7% to 2-month low; what's behind sharp fall today?

Britannia stock can be under pressure considering Berry's long and successful stint and his sudden exit (without notice period) despite the time gap before the new CEO joins, believe analysts.

Updated On: 11 Nov 2025 | 10:17 AM IST

Britannia MD and CEO Varun Berry resigns; Rakshit Hargave to take charge

Berry, who was serving as the Executive Vice-Chairman and MD at Britannia, also got re-designated as the CEO in May following Rajneet Kohli's resignation in March

Updated On: 10 Nov 2025 | 7:10 PM IST

Britannia Industries bets on volume-led growth, regional expansion

Britannia Industries aims to boost volume-led growth by investing in core brands, expanding its regional focus, and staying price-competitive across markets, says MD Varun Berry

Updated On: 07 Nov 2025 | 8:13 PM IST

Britannia Ind shares gain 5% after Q2 results; revenue misses estimates

Britannia Industries shares gained 5 per cent after the FMCG major reported a Y-o-Y profit growth of 23.1 per cent

Updated On: 06 Nov 2025 | 10:35 AM IST

Stocks to Watch today, Nov 6: Paytm, IndiGo, Delhivery, Grasim Industries

Stocks to Watch today, November 6, 2025: From One97 Communications, Delhivery, InterGlobe Aviation, Grasim Industries, here is a list of stocks that will be in focus today

Updated On: 06 Nov 2025 | 8:25 AM IST

Britannia Q2 profit rises 23% to ₹654 crore on stable input costs

Biscuit maker reports Rs 654 crore profit in Q2 FY26 as commodity prices stabilise and bakery, e-commerce segments sustain double-digit growth

Updated On: 06 Nov 2025 | 12:04 AM IST

Rakshit Hargave named CEO and executive director of Britannia Industries

Former Birla Opus CEO Rakshit Hargave to take charge of Britannia Industries from December 15, bringing decades of global consumer sector experience

Updated On: 05 Nov 2025 | 9:55 PM IST

Q2 results today: Britannia, Inox, Zydus Wellness among 118 firms

Q2FY26 company results: Firms including Aurobindo Pharma, Muthoot Microfin, Delhivery, Blue Star, and Eureka Industries are also to release their July-September earnings reports today

Updated On: 05 Nov 2025 | 8:42 AM IST

Britannia banks on local strategy to counter rivals, rules out price war

With competition from regional players intensifying, Britannia Industries is taking a localised approach of looking "at India not just as one country but as many countries within" to stay ahead of rivals and scale up the strategy going forward, according to Vice Chairman & Managing Director Varun Berry. Britannia, maker of Good Day, Marie Gold, and Tiger biscuits, would not go for a price war; it would leverage its brand strength, execution, and network of 70 factories and a vast distribution spread across the country, making its product available down to the lowest population strata, he said. About margins, Berry said it has gone up through cost optimisation initiatives. Britannia has been doing cost optimisation of almost 2 per cent of revenue saving for almost last 13 years. "And as we go forward, we are looking at seeing if we can continue with that 2 per cent, and we certainly have a line of sight to do that," said Berry. Moreover, commodity inflation on input materials is ...

Updated On: 14 Sep 2025 | 11:23 AM IST