britannia industries

britannia industries on Friday reported over two-fold increase in consolidated profit at Rs 542.68 crore for the quarter ended June 30, 2020, on the account of higher income.

The company had posted a net profit of Rs 303.03 crore for the July-September period a year ago, britannia industries said in a BSE filing.

britannia industries on Saturday reported a 19.16 per cent decline in its consolidated net profit at Rs 218.63 crore for the second quarter ended September 30, 2015 on account of phasing out of excise duty benefits.

Amit Doshi, the Chief Marketing Officer of britannia industries, brings over 20 years of experience in brand marketing. The metaverse has transformed the food and beverage industry, providing innovative avenues for brands like Britannia to engage with audiences through virtual marketing campaigns. Britannia has embraced technology and virtual experiences with campaigns that transport audiences into the world of Britannia biscuits and showcase the inspiring narratives of India's freedom fighters.

Subsequently, KBL has become a step down subsidiary of britannia industries. There is no turnover of KBL to be reported since it has not commenced operations, the company said.

Food company britannia industries Ltd on Monday reported a 22.96 per cent increase in consolidated net profit to Rs 495.20 crore for the quarter ended September. The company had posted a net profit of Rs 402.73 crore in the July-September period a year ago, britannia industries said in a BSE filing.

New Delhi, Aug 7 () FMCG major britannia industries today reported a 1.40 per cent decline in consolidated net profit at Rs 216.12 crore for the June quarter, impacted by the GST rollout and subdued growth in international business. The company had posted a net profit of Rs 219.

New Delhi, Feb 13 () Bakery and dairy product maker britannia industries today reported 4.59 per cent increase in consolidated net profit at Rs 220.49 crore for the third quarter ended December 31, 2016. The company had posted a net profit of Rs 210.

The dynamics in the Rs 12,000-crore biscuit market, largely dominated by players like Parle Products and britannia industries-each owning around one-third of the market -may undergo a sea change.

Vinita Bali has stepped down as the managing director of britannia industries after nine years at the helm.

More consumers seem to be munching on Parle biscuits while sipping on their hot cuppa, which is probably why the company is said to have toppled britannia industries' numero uno position to become the largest selling biscuit company in India.

What was the CEO of a billion-dollar company doing in a scrap dealer's unit on a wintry morning in Bangalore? Finding solutions to the city's garbage woes.

britannia industries, the country’s second-largest biscuits maker, is betting on disruptive innovation and driving up rural distribution to face challenges posed by rival ITC and Parle and ensure profitable growth, its managing director Varun Berry says.

Proxy advisory and corporate governance firm InGovern on Monday alleged that britannia industries violated listing regulations in not reporting arrest of its promoter and director Ness Wadia, while demanding his resignation. This is a violation of Sebi's listing obligations and disclosure requirements (LODR) by the company, said InGovern founder Shriram Subramanian, adding Wadia must step down in the interest of larger corporate governance.

britannia industries' revenue for the quarter ended December was up 13% to Rs 3,575 crore. Net profit, however, fell by 18% to Rs 369 crore. Managing director Varun Berry said the rural markets across FMCG witnessed significant slowdown.

britannia industries Ltd (BIL) has reported consolidated revenue growth of 15% at Rs 1,773 crores for the quarter ending June over the same period last fiscal.

britannia industries has opened its first manufacturing unit for bakery products in Gujarat at Jhagadia industrial estate.

Varun Berry said the company was tinkering with its nuts and bolts to make sure that the foundation was strong enough before taking a leap forward.

britannia industries reported a 9.36% decline in Q2 net profit to Rs 531.55 crore, impacted by tepid consumer demand due to inflation. Despite this, revenue from sales increased by 4.47% to Rs 4,566.23 crore. The company managed to maintain a 15.5% operating margin through cost optimization and strategic pricing.

Ending a 13-year old association, the Wadia Group and Groupe Danone have terminated their joint venture in biscuit major britannia industries Ltd, with the Indian partner buying out the French food giant.

Kolkata, Aug 07 () Leading FMCG company britannia industries will invest Rs 1000 crore at its proposed largest plant at the Ranjangaon food park in Maharashtra, a company official said.

britannia industries Ltd reported a 10.85% rise in consolidated net profit for the June quarter FY25, reaching Rs 504.88 crore, driven by volume growth and improved operating margins. Revenue from operations increased by 5.97% to Rs 4,250.29 crore. The company expanded its rural market footprint and leveraged Modern Trade and E-commerce channels, focusing on cost efficiency and brand development.

The Bangalore-headquartered biscuit and dairy product maker's net sales rose to Rs 1,467.58 crore, from Rs 1,249.11 crore, a growth of 17.5%.

In a top-level reshuffle, biscuit major britannia industries has appointed Rajneet Kohli as the CEO, while Varun Berry has been elevated as executive vice-chairman & MD.britannia industries said the changes are with immediate effect and Kohli will report to Berry.

britannia industries is closing its Taratala factory, established in 1947, due to economic viability issues. The closure is not expected to significantly impact revenue.