Page 11 - Britannia Industries

Britannia to increase prices 'marginally', optimise cost to beat slowdown

The FMCG major said slowdown had been witnessed in the last five to six months and the period till January would 'not be easy'

Britannia to scale up milk sourcing across India, boost dairy business

The company has 25-30 milk centres in Maharashtra that collect up to 25,000 litres of milk daily

Britannia's margin cookie crumbles in Q1 as inflationary pressure weighs

Inflationary pressure and competitive intensity could impact the profitability of biscuitmaker

For Britannia Industries, slowdown an opportunity to increase market share

Britannia to opt for four per cent price hike in a select portfolio and pack sizes to mitigate rising input costs

Britannia Industries Q1 net profit declines 3.64% to Rs 248.64 cr

During the quarter, the company also posted an exceptional expense of Rs 15.61 cr on account of voluntary retirement cost incurred in one of its subsidiaries

Britannia denies speculation over resignation of its MD Varun Berry

Britannia termed the speculations as 'false' as well as 'incorrect and baseless'

Britannia broke listing rules by not reporting Ness Wadia arrest: InGovern

Britannia Industries violated listing regulations by not reporting the arrest of its promoter and director, says proxy advisory and corporate governance firm.

Investors hammer Britannia Industries stock on loans to group firms

Company disclosed on Thursday it had lent Rs 675 crore to associate firms

Britannia Industries may dislodge HPCL or Bharti Infratel from Nifty

Shares of Britannia rose 1.7 per cent on Wednesday, even as the benchmark indices slipped more than a per cent

Britannia board to split stock in 1:2 ratio to make it more affordable

Britannia has authorised share capital of Rs 500 million of 250 million shares

We want categories outside biscuits to grow: Britannia MD Varun Berry

There is going to be inflation so far as wheat is concerned and we will probably be going for a 3-4% price increase starting Q4 across categories on an average

100-year gift: Britannia to issue bonus debentures of Rs 7.2 billion

Firm to launch 50 products with a refreshed logo and split stock

Britannia launches its biggest greenfield plant in Assam, invests Rs 1.7 bn

This is the third Britannia plant to be set up in Assam to serve the growing biscuit market in the northeast

Britannia Industries hits new high; stock surges 70% in one year

Since May 14, the stock gained 13% after the company reported a healthy 25% year on year jumped in its consolidated net profit and 13% growth in revenue in March quarter.

Britannia using new-age tools to complement core strategy in rural areas

Britannia is engaging with small, local start-ups to push penetration of key brands in the villages

Britannia prepares to launch croissants with longer shelf-life by October

Croissants will be produced at company's soon to be launched integrated food park in Ranjangaon

Britannia Industries hits new high; crosses Rs 5,000-mark

The stock hit a new high of Rs 5,057, up 1% on the BSE, trading higher for the fourth straight trading days.

Premium products, cost-saving steps key triggers for Britannia's transition

Premium products, cost-control initiatives key triggers for company transitioning from being a biscuits maker to a bigger player in food

Product diversification centre stage at Britannia Industries

Three and a half years since taking over as Britannia Industries' managing director, Varun Berry is putting the third leg of his master plan in place to transform the Wadia Group company into a well-rounded food major.The initial years of his tenure (Berry, now 55, joined Britannia in early 2013 as operations head, subsequently becoming MD) were spent ramping up distribution and manufacturing. The third leg will now see the biscuit major step into areas such as croissants, snacks and beverages. "We want to become a total food company," Berry told Business Standard. "Our plan is to get into a new category every year. Five years from now, we intend to play in a lot of more categories than we now do."The diversification comes when rivals Patanjali, ITC and Parle are rapidly expanding into new areas. At the recent World Food India 2017, Patanjali, ITC and Britannia committed a total of Rs 32,500 crore over the next few years in food processing investments, a substantial chunk of the Rs ..

Britannia Industries Q2 profit up 11.5% to Rs 261 crore

The FMCG major had posted a net profit of Rs 234.05 cr in the July-Sept period a year ago