Britannia

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

Britannia appoints ex-Birla Opus chief Rakshit Hargave as new CEO

The management change comes as consumer goods makers in India are navigating period of tax rate cuts and shifting demand trends, adding pressure to protect margins and sustain growth

September quarter set for GST hiccups, analysts back HUL, Britannia, Marico

Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.

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 ...

Britannia expects half of its sales from rural markets in next 3-4 yrs: MD

Britannia expects half of its domestic sales to come from rural markets in the next 3 to 4 years, as it is expanding its distribution network to increase its presence in those regions with aspirational buying preferences, said its Vice Chairman and Managing Director Varun Berry. The rural market is "very important" for Britannia, where the maker of Good Day, Marie Gold, and Tiger biscuits reported growth in double-digits in the latest April-June quarter, and is now amplifying reach through direct distribution to have a "continuous stream" of products being available in those far-flung markets, he added. Britannia, which was an urban-centric company, now gets around 40 per cent of its sales from rural markets, Berry said, adding that rural is now growing ahead of urban markets, and this trend is expected to continue. "Our split between urban and rural was something like 75 per cent and 25 per cent. Now, we have gotten to a 60-40 split. It is still in favour of urban, but slowly, ...

HUL, Nestle: FMCG stocks rise up to 7% on GST reforms; analysts weigh

Nifty FMCG rose 2.66 per cent in early deals after the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, simplified the GST structure

Nomura bets on Marico, Tata Consumer, Britannia on hopes of margin boost

Brokerage expects gross-profit-margin (GPM) improvement in Q2FY26 but warns that month-on-month raw-material (RM) upticks could revive price hikes from Q4

Easing commodity prices likely to support margins of Britannia Industries

Despite muted volumes in Q1FY26, brokerages see upside in Britannia's margins as input cost pressures ease and pricing actions continue to support profitability

Britannia's Q1 results trigger diverging brokerage opinions; stock up 2%

Britannia Q1 results review: Brokerages remain divided on Britannia after the fast-moving consumer goods (FMCG) company held its conference call on Wednesday, following its Q1 earnings

Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag

Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.

Britannia Q1 results preview: Check estimates, date & other key details

Britannia Q1 results preview: Britannia's revenue for Q1FY26 is expected to increase 8.7 per cent, on average, to ₹4,621.05 crore; check in depth analysis

SC allows manufacturing unit's closure, orders ₹15 cr ex-gratia for workers

The Supreme Court on Wednesday allowed the closure of a unit manufacturing biscuits for Britannia Industries Limited (BIL) for over three decades by overruling a Bombay High Court verdict. Justices Sanjay Karol and Prashant Kumar Mishra passed the verdict on an appeal of Harinagar Sugar Mills Ltd (HSML) against the high court's February 17, 2023 order. While HSML initially offered Rs 10 crore as a goodwill gesture to its employees, the court enhanced this amount to Rs 15 crore and ordered its payment within eight weeks. Considering that some of the employees may be, with the closure of this concern, losing the only job they have known and still others would be, for no fault of their own, rendered unemployed, we appreciate the gesture made by HSML. Such a statement is taken on record," the court said. Senior advocate Mukul Rohtagi, appearing for HSML, had left it to the court to decide on the enhancement. We deem it just and proper to further enhance the appellants' offer by a sum

Britannia Q4 results: Net profit rises 4% to Rs 560 crore, revenue up 9%

Britannia Industries reported a 4 per cent rise in Q4FY25 net profit to Rs 560 crore, with 8.9 per cent revenue growth amid tight consumption and rising input costs

Stocks to Watch, May 8: Britannia, Coal India, Dabur, Voltas, RIL, L&T, PNB

Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025

Britannia Q4 results preview: Check what brokerages anticipate, date, time

Britannia Q4 results preview: Urban and rural demand environment, raw material cost outlook, and market share trends will be closely monitored by analysts and investors

HUL, Britannia: This foreign brokerage is betting big on consumer stocks

UBS expects consumer sector to rebound in fiscal 2025-26 (FY26). Prefers Hindustan Unilever (HUL), Britannia, GCPL, Colgate, Trent and others; suggests selling Asian Paints, Dabur

Operations at Jhagadia plant disrupted due to strike, says Britannia

The company is in continuous discussions with workers to resolve the strike, which began on Monday, the company said in an exchange filing

Britannia CEO Rajneet Singh Kohli resigns to pursue external opportunity

Kohli's last day at the company is March 14

Britannia down 2% on posting Q3 results; Should you buy, sell or hold?

Consumer staple companies such as Britannia, Hindustan Unilever and Nestle India have had to contend with inflation in key commodities such as palm oil, cocoa and sugar

Britannia Industries Q3 results: Net profit increases 5% to Rs 582 cr

The company, which sells 'Jim Jam' and 'NutriChoice' biscuits, reported a 5 per cent increase in consolidated net profit to Rs 582 crore ($66.43 million) for the three months ended December 31