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Varun Berry

FMCG players expect volume trends to sustain amid rising demand in rural markets

FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots'New Delhi: Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand...

Britannia sees 4-5% cost inflation, to evaluate price hike

Britannia Industries has seen significant market share gains in rural India compared to urban centres during the April-June periodNew Delhi: Leading biscuits maker Britannia Industries Ltd on Monday said it anticipates a cost inflation of 4-5% going forward, and...

Britannia expects rural segment to contribute 35 pc to turnover in next 18 months

Britannia Industries expects the rural segment to account for about 35 percent of its total sales in the next 18 months from 30 percent currently on the back of network expansion, its Managing Director Varun Berry said. According to a...

Britannia Industries Q2 net up 23 pc to Rs 495 crore

Britannia Industries Ltd on Monday reported a 22.96 percent increase in consolidated net profit to Rs 495.20 crore for the quarter ended September. According to a PTI report: The company had posted a net profit of Rs 402.73 crore in...

Britannia steps up investment in Tamil Nadu to Rs 550 cr

Food company Britannia Industries on Monday announced stepping up its investment in Tamil Nadu to Rs 550 crore. To cater to the growing demand of its products, Britannia Industries has enhanced the investment plans from earlier Rs 300 crore to...

Britannia to invest Rs 700 crore to set up five new factories in over 2 years

Homegrown food company Britannia Industries will invest over Rs 700 crore to open five new manufacturing units in the next two-and-a-half years to meet the growing demand in different parts of India, its MD Varun Berry said on Monday. According...

Britannia launches WhatsApp based store locator

Britannia Industries Ltd has launched a Store Locator service to enable consumers to find their favourite Britannia products in stores nearby. Given the context of the ongoing lockdown, the GPS-based Chatbot publishes a list of stores near the consumer's...

Lockdown: Britannia utilising 65 pc of its capacity, focus on optimising limited manpower

FMCG major Britannia Industries on Thursday said it is now utilising 65 percent of its installed capacity and is better poised to tackle challenges in the extended lockdown period. According to a PTI report: In a bid to scale up...

Britannia Industries Q4 net up 11.28 pc at Rs 294.27 cr

Britannia Industries Wednesday reported an 11.82 percent increase in consolidated net profit at Rs 294.27 crore for the fourth quarter ended March 31, 2019. The company had posted a net profit of Rs 263.16 crore in the corresponding quarter...

Britannia Industries Q2 profit up 16 pc at Rs 303 crore

FMCG major Britannia Industries Monday reported a 16.09 percent increase in consolidated net profit to Rs 303.03 crore for the second quarter ended September 2018, led by a double-digit volume growth.According to a PTI report: The company had posted...
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