Page 3 - Britannia Industries

Britannia Industries to remain focused on driving market share: Varun Berry

The company reported a 9.6 per cent decline in net profit, which stood at Rs 531.5 crore in the July-September quarter compared to the same period last year

Britannia dips 9% in 2 days, hits over 5-mth low; brokerages mixed

Britannia reported its Q2FY25 results on Monday, after market hours. PAT declined by 9.6 per cent to Rs 531 crore

Britannia Q2FY25 results: Net profit falls to Rs 531 cr on low urban demand

The company, which sells Jim Jam and NutriChoice biscuits, reported a consolidated net profit of Rs 531 crore ($62.95 million) for the three months ended Sept. 30

Q2 results today: Hindalco, ONGC, Britannia among 321 to post earnings

Q2 company results, November 11: Shree Cements, Jubilant FoodWorks, Bank of India, NMDC, and Ramco Cements will release their Q2FY25 results today

Britannia Q2 preview: Here's how analysts' expect Britannia to fare in Q2

Apart from the FMCG giant's September quarter performance, analysts and investors will keep an eye on the company's rural demand environment, raw material cost outlook, and market share trends

20% of Indian families buy cheese once a year: Bel Group CEO Beliot

Varun Berry and Cecile Beliot discuss capturing a larger share of the cheese market in India

Colgate, Pidilite, Britannia among Nuvama's top consumer bets; here's why

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

Non-biscuit portfolio key driver of Britannia Industries' growth

Unless there is a sharp upside surprise in terms of volumes, or some unusual gains in margins

Britannia Industries is gearing up for regional challenge: Varun Berry

The company has increased its rural distribution and now has up to 30,000 rural distributors

Britannia Industries Q1 FY25 results: Net profit rises 10.5% to Rs 506 cr

Revenue rises due to better operating margins

All permanent workers of Britannia's Kolkata unit take voluntary retirement

FMCG major Britannia Industries Ltd said all permanent workers at its Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS). Despite this significant workforce change, a company official claimed that there would be no material impact on the business operations of Britannia Industries. However, according to senior CITU leader Gautam Ray, production has been stopped at the plant. "There has been no production at the Taratala plant for over 20 days. All 122 permanent employees have accepted VRS, and negotiations are ongoing for 250 contractual workers," said senior CITU leader Gautam Ray. Britannia did not respond to PTI's queries on stopping the production. The Taratala plant, one of Britannia's oldest biscuit manufacturing units, has been operational for over seven decades. According to sources, the Britannia management offered Rs 13 lakh to employees with up to 5 years and 11 months of remaining job tenure, Rs 18.5 lakh for employees with 6 to 10 years o

FMCG companies move fast on volume growth while rural beats urban

FMCG companies are also looking at increasing advertising spends in order to grow their brands

Street gives big-hearted welcome to Britannia Industries' Q4 results

The FMCG sector in general may have seen a poor year in terms of demand but there's analyst consensus demand is picking up and the worst may be behind the sector

Q4 impact: Britannia stock up 10%, logs sharpest intraday gain in 18 months

Britannia stock update: Upbeat outlook, healthy dividend triggers sharp rally in Britannia stock. Here's what bokerages say post Britannia's Q4 results.

Britannia Industries Q4 results: Net profit down 3.8% at Rs 536.6 crore

The operating margins contracted by 110 basis points to 17.3 per cent during the March quarter from 18.4 per cent in the year-ago period due to price cuts undertaken during the quarter under review

Britannia NutriChoice launches health monitoring app NutriPlus in India

To mark World Health Day, Britannia plans to make the app accessible to consumers through the Google Play Store and Apple App Store

Haven't seen rural growth similar to past decade: Britannia's Varun Berry

During the quarter, the food major also implemented price reductions and introduced consumer promotions for its key brands

Stocks to Watch today, Feb 7: Nykaa, ONGC, UPL, Britannia, Biocon, Paytm

Stocks to Watch on Wednesday, February 7, 2024: The parent company of Nykaa nearly doubled its consolidated net profit to Rs 16.2 crore during Q3FY24

Britannia Industries Q3 results: Net profit down 40.3% to Rs 556.4 crore

He also highlighted that the company's international business performed extremely well with robust double-digit growth across key markets

Britannia Q3 results: Profit falls 2% to Rs 761 cr on soft rural demand

The weak earnings come in face of intense price competition. The company has previously mentioned reducing certain product prices after competitors took advantage of declining raw material expenses