Our distribution reach is driving domestic growth: Britannia's Varun Berry

The Bengaluru-headquartered company's Managing Director Varun Berry tells that with strong domestic growth, the firm will continue to expand into newer categories

Britannia Industries is fast expanding its distribution network in India, but its growth in the international market remains slow. The Bengaluru-headquartered company’s Managing Director Varun Berry tells Bibhu Ranjan Mishra with strong domestic growth, the firm will continue to expand into newer categories. Edited excerpts:

Britannia’s net profit growth has remained healthy in Q3, but revenue growth is below expectation. Any comment?

If you do a like-to-like comparison, in Q3 of FY18, our revenues grew 15 per cent. However, due to accounting changes, last year’s base and this year’s base are not the same. Otherwise, we have shown 13 per cent growth