Page 6 - Britannia Industries

Zomato, Nykaa, Nestle, Dabur: Jefferies bets big on Gen Z boom in India

Jefferies expects Gen Z's income to increase 5x as they enter the workplace and are set to surpass Millennials by the end of the decade

Britannia Industries net profit falls 13% to Rs 336 cr; revenue rises 9%

However, its total revenue from operations increased 8.74%t to Rs 3,700.96 cr during the quarter under review

Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts

CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent

Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts

Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period.

ITC can double from current levels; HUL, Marico may hit new highs

The current chart formation is akin to 2011, provided ITC ends August on a positive note. Post which, the stock can potentially double from current levels.

Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks

Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at

Britannia Industries' shareholders reject Rs 5,000 cr investment proposal

Britannia Industries' shareholders have voted against a resolution to authorise the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week

Britannia Industries to cut pack sizes as inflation bites

The management said it would hike prices by 10 per cent if the current levels of raw material prices sustain

Britannia Industries net profit up 4.3%, but margins under pressure

The cost of raw material consumed in the quarter was up 21.3 per cent to Rs 1,858.7 crore

Britannia to take calibrated price hikes to manage profitability, says MD

According to the company, the economy was impacted by global geo-political factors which caused a further surge in inflation the January-March quarter of FY22

Britannia Industries quarterly profit rises 5% to Rs 377.95 crore

Britannia Industries Ltd on Monday reported an increase of 4.96 per cent in consolidated net profit at Rs 377.95 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 360.07 crore in the January-March quarter a year ago, it said in a BSE filing. Its total revenue from operations climbed 13.40 per cent to Rs 3,550.45 crore during the quarter under review. In the year-ago period, the same stood at Rs 3,130.75 crore. Britannia Industries' total expenses were at Rs 3,085.45 crore in the fourth quarter o the last fiscal. On Monday, shares of Britannia Industries settled at Rs 3,264.60 on BSE, down 0.57 per cent from the previous close.

Britannia's planned price hike signals coming inflationary pain

Russia's invasion of Ukraine has roiled consumer firms across the world already contending with labor shortages and supply-chain constraints.

Britannia Industries aims to have 50% women in factory workforce by 2024

FMCG major Britannia Industries Limited (BIL) has said it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its factory workforce. BIL Chief Marketing Officer (CMO) Amit Doshi said that at present 38 per cent of the company's factory workforce is women. "We aim to achieve a diversity ratio of 50 per cent by 2024 from the current national average of 38 per cent across our factories," he said. At Britannia's Guwahati factory, the proportion of women in the workforce is 60 per cent and it will be increased to 65 per cent, he said. "We are proud to have a women workforce in areas typically dominated by men like engineering, taping and grinding as well as packing, housekeeping, pantry, lab testing, canteen and security," he said. For empowering women, the company has already launched a start-up challenge among woman entrepreneurs, Doshi said. So far, the company has provided seed capital of Rs 10 lakh each to 30 woman entrepreneurs fo

FMCG major Britannia Industries aims 50% women in workforce by 2024

FMCG major Britannia Industries said on Wednesday it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its workforce.

Britannia planning to increase women workforce in Assam plant to 65%

On account of International Women's Day, Britannia Industries on Tuesday announced it is planning to increase the women workforce at its largest northeastern plant near Guwahati this year.

Sell-off toll! HDFC twins, HUL, Dr.Reddy's among Nifty50 stks at 52-wk lows

Apart from the 8 stocks among the Nifty50 index, a total of 26 stocks too dropped to their respective 52-week lows among the Nifty500 index.

FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows

In the past six months, HUL and Britannia have underperformed the market by falling 20 per cent and 15 per cent, respectively, as against 1 per cent decline on the S&P BSE Sensex.

Britannia Industries appoints Amit Doshi as chief marketing officer

Doshi's appointment would be effective from January 17 and would take over from Vinay Subramanyam, who had left the company in December last year

ITC, Shree Cement most valuable companies in Bengal, says report

FMCG firm Britannia Industries, which has its registered office in Kolkata, in the third most valuable company in the state: Report

Britannia Industries rural business contribution may rise 50% in 3 years

The country's largest biscuit-maker Britannia Industries rural focus remains intact and company's rural revenue may touch 50 per cent in the next three years amid a gradual rebound in urban demand.