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
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 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, ...
The GST Council has the rates on several staple and essential categories from 18 per cent to 5 per cent
Despite muted volumes in Q1FY26, brokerages see upside in Britannia's margins as input cost pressures ease and pricing actions continue to support profitability
Stocks to Watch today, August 6, 2025: Bharti Airtel, NSDL, Adani Ports, Britannia Industries, and Lupin are some of the key stocks to watch today
Britannia had previously flagged rise in popular demand for packaged food and confectionery items such as croissants, wafers and flavoured shakes
Here is the complete list of stocks that are set to remain in the spotlight next week, along with their announcement details
Varun Berry says gradual demand recovery will continue; company plans limited price hikes and expects quick commerce sales to double in three years
Stocks to Watch on May 9, 2025: Britannia, REC, Titan, Kalyan Jewellers, Paytm are among stocks that will remain on investors' and traders' radar today
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
Q4 FY25 company results today: Titan, Kalyan Jewellers, IIFL Finance, and Rec will be among 74 companies to post earnings reports for the January-March quarter on May 8
The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.
Share market today: IndiGo Airlines has emerged as the world's second fastest-growing airline in terms of seat capacity, with a 10.1 per cent increase in 2024
Kohli's last day at the company is March 14
Kohli joined as Britannia's CEO in September 2022 and previously held leadership roles at Domino's India, run by Jubilant Foodworks, Asian Paints and Coca-Cola Co
NSE indices rejig is part of a semi-annual review, the removal of Britannia and Bharat Petroleum Corporation from the flagship Nifty 50 index will lead to selling pressure of over Rs 2,000 crore
Senior executives of the company said they would be cautious on capital expenditure because growth in volumes remained on a slow burn, hurt by a slowdown in urban demand
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
Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook