Brittania

Britannia Industries vice-chairman and MD Varun Berry has stepped down after over a decade at the company. CFO N. Venkataraman will serve as interim CEO until successor Rakshit Hargave takes charge

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

In the year-to-date (Y-T-D) period, the Nifty FMCG index has lost 3 per cent, as compared to a rise of around 4 per cent in the Nifty 50, Bloomberg data shows

With a 'war chest' ready, leading bakery food company Britannia Industries is all set to "fight many battles in smaller territories" against regional players that are giving a tough competition to large brands with aggressive pricing and higher margins for distributors. Britannia, which has recently gone for a price increase to fend against the impact of the commodity inflation, is now "in a good place" and ready to spend in the specific territories to compete against small players, said its Vice Chairman & Managing Director Varun Berry in the earnings call on Wednesday. "We are in a good place. We have also been able to create a war chest for ourselves to be able to spend if we need to, in specific territories, specific states, against specific players. So we are going to fight many battles in smaller territories," he said. Britannia, which owns household brands such as MarieGold, Tiger, Nutrichoice,and Good Day, is doing a "specific analysis on each one of these competitors", ..

Amul also improved its standing in Brand Finance's list of top 100 Indian brands across all industries, securing the 17th rank

Stocks to watch on Friday, February 7, 2025: Here is the complete list of stocks buzzing to remain in focus during today's trading session

The five most chosen out-of-home beverage brands in India are Thums Up, Frooti, Amul, Maaza, and Bisleri

The risk of a large correction or a time to be fearful is when the market is far above the trend line, which is not the case currently, says Mehra

The company had posted a net profit of Rs 452.64 crore in the October-December quarter a year ago

In the FMCG basket, Britannia, Colgate Palmolive, HUL are on the shopping list of A K Prabhakar, head of research at IDBI Capital

Market share improvement, uptick in margins to sustain gains over the medium term

Most players struggle to get back on course, but Britannia emerges stronger

The biscuits and rusks manufactured at the Gujarat plant will be exported to international markets such as North America, the UK, African countries, Singapore, Australia etc.