Page 2 - Britannia

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

Britannia's Q3 PAT likely to slip 5% YoY; margins may contract: Analysts

Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook

Britannia stock down 26% from peak, tests 15-year support; Buy or Sell?

In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here

Godrej Consumer shares sink 10%, HUL 4%; why are FMCG stocks falling today?

Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth

Britannia Industries share price dips 3%; here's what's dragging stock

Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.15 per share

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

Stocks to watch, Nov 12: SBI, Britannia, Nykaa, Hindalco, ONGC, IRFC, LIC

Stocks to watch, Nov 12: Here are few stocks will be in focus for today's session

Britannia Industries Q2 results: Net profit down 9.6%, volume growth at 8%

The biscuit major's profit before interest, tax, and depreciation was down 10.6 per cent at Rs 825.9 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

Stocks to watch, Nov 11: Asian Paints, Britannia, Vedanta, REC, Tata Motors

Stocks to watch on Monday, November 11, 2024: Here are few stocks that will be in spotlight

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