Britannia CEO Varun Berry Exits, Rakshit Hargave Steps In
Britannia CEO Varun Berry resigns after a decade in leadership; Rakshit Hargave named successor as shares drop nearly 6 percent.
Britannia CEO Varun Berry resigns after a decade in leadership; Rakshit Hargave named successor as shares drop nearly 6 percent.
The Board of Directors have recommended a final dividend of Rs 75 per share of face value Rs 1 each
Kohli submitted his resignation on 5 March 2025 to explore opportunities outside Britannia
Britannia Industries reported a 40.40 per cent drop in consolidated net profit to Rs 555.66 crore in the third quarter ended December 2023, compared to Rs 932.40 crore in the same period a year ago, according to a BSE filing. However, its revenue from operations increased 1.41 per cent at Rs 4,256.33 crore in Q3 FY24 […]
Analysts anticipate a sluggish revenue growth in the third quarter of FY24 for the fast-moving consumer goods (FMCG) sector due to subdued volumes, despite the favorable impact of lower raw material prices on gross margins. The persisting demand challenges have led to restrained volume growth across FMCG products. Rural volumes lag behind urban figures, impacted […]
Britannia Bel Foods, a joint venture between Britannia Industries and French company Bel Groupe has unveiled the new brand identity of their co-branded product range ‘Britannia The Laughing Cow’. ‘Britannia The Laughing Cow’ logo will now be part of all integrated marketing communication touch points for the brand across packaging, online platforms & in stores. […]