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Britannia plans Rs 1,000 cr plant in Maharashtra

FMCG major Britannia Industries plans to set up its largest plant at Ranjangaon Food Park in Maharashtra with an investment of Rs 1,000 crore, a company official said on Monday. "The company is planning to set up its largest plant...

FMCG products to see decline in volume in short term post GST: Britannia

FMCG products will see a decline in volume in the short term with channel partners of companies keeping less stock in view of GST, which is set for July 1 launch, according to Britannia Industries. According to a PTI report:...

Britannia's Q4 net profit marginally up 2.5 pc, income at Rs 2,193.63 cr

Despite a sluggish demand scenario post demonetization, FMCG major Britannia Industries on Thursday reported a marginal rise of 2.54 per cent in its standalone net profit at Rs 196.73 crore for the fourth quarter (Q4) ended March 31, from...

Britannia research centre to innovate new food products

Leading biscuit maker Britannia Industries Ltd on Tuesday unveiled a research and development (R&D) centre and a production facility to innovate new food products for Indian and global consumers. Set up at Bidadi, the Rs 200 crore R&D centre has...

Britannia to introduce new products in bakery segment to transform into total food company

Looking to transform into a total food company, Britannia Industries is planning to bring in new products, especially in the bakery segment, to fill gaps in its portfolio. "We are looking at diversification. First diversification is going to be within...

Britannia to set up three factories in next three years

FMCG major Britannia Industries Ltd. is planning to set up three factories, one each in the northeast, Gujarat and Andhra Pradesh, in the next three years, a top company official said on Monday. "We are looking at putting up a...

Britannia Industries net profit up 13% in Q1

FMCG major Britannia Industries Ltd. on Monday reported a 13 per cent rise in its consolidated net profit to Rs 219.13 crore in the quarter ended June 30, 2016, as compared to Rs 193.66 crore in the corresponding period...

Britannia Industries Q4 Net Profit Up 17%

Indian Food Company Britannia Industries (BIL) has reported a consolidated revenue growth of 11.3 percent for the year at Rs 6,829 crore. In Q4, consolidated revenue grew 8.6 percent at Rs 1,777 crore. Profit from operations stood at Rs...
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Avenue Supermarts shares plunge over 8%

In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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