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Varun Berry

Britannia Industries to launch new products; increase share of non-biscuits business

Britannia Industries Limited, which earns 70 percent of its revenue from biscuits segment, would gradually increase the pie of non-biscuits category by going into new product launches, its managing director Varun Berry said.According to a PTI report: In value...

Britannia Q1 net rises 19.41 pc to Rs 258.08 crore

FMCG major Britannia Industries has reported a 19.41 percent rise in consolidated net profit at Rs 258.08 crore for the quarter ended June 30, 2018, driven by double-digit volume growth. The company had posted a net profit of Rs...

Britannia rolls out Rs 170 cr unit in Assam; to hire 1,000 people

FMCG major Britannia has opened its Rs 170 crore manufacturing plant in Assam and announced plans to hire a total 1,000 people at the unit -- its largest greenfield facility.Assam Chief Minister Sarbananda Sonowal inaugurated the plant at Rampur...

Britannia Industries net profit up 25 pc in Q4

Britannia Industries Ltd., India's leading food company, on Tuesday reported a 25 percent increase in its consolidated net profit to Rs 263.16 crore in the quarter ended March 31, 2018 as compared to Rs 210.91 crore in the year-ago...

Britannia to add 50 new products to portfolio by March 2020

FMCG major Britannia Industries has plans to launch around 50 new products under its existing as well as new categories by the end of the next fiscal as part of efforts to be a total food company, said a...

Britannia net up 20 pc in Q3

Food major Britannia Industries Ltd on Monday reported consolidated net profit of Rs 264 crore for the third quarter of 2017-18, registering 20 per cent annual growth from Rs 220 crore in the same period year ago.In a regulatory...

Budget to spur consumption, drive growth: Britannia chief

The Union Budget for 2018-19 provides a springboard to spur consumption and lead to faster growth across sectors, said FMCG major Britannia Industries MD Varun Berry on Friday."As the Budget is focused on infrastructure, rural development and huge employment...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Britannia Industries net profit up around 12 pc in Q2

Biscuit maker Britannia Industries on Saturday reported close to a 12 per cent increase in its consolidated net profit at Rs 261.03 crore during the quarter ended on September 30, 2017, as compared to Rs 234.05 crore in the...

Britannia's net profit falls 1.4 per cent on lukewarm Q1 results

Biscuit maker Britannia Industries Ltd on Monday reported a 1.4 per cent fall in its consolidated net profit to Rs 216.12 crore in the quarter ended June 30, as compared to Rs 219.21 crore in the year-ago period. Its income...
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