Britannia

Kohli's last day at the company is March 14

Consumer staple companies such as Britannia, Hindustan Unilever and Nestle India have had to contend with inflation in key commodities such as palm oil, cocoa and sugar

The company, which sells 'Jim Jam' and 'NutriChoice' biscuits, reported a 5 per cent increase in consolidated net profit to Rs 582 crore ($66.43 million) for the three months ended December 31

Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook

In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here

Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth

Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.15 per share

The company reported a 9.6 per cent decline in net profit, which stood at Rs 531.5 crore in the July-September quarter compared to the same period last year

Britannia reported its Q2FY25 results on Monday, after market hours. PAT declined by 9.6 per cent to Rs 531 crore

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The biscuit major's profit before interest, tax, and depreciation was down 10.6 per cent at Rs 825.9 crore

The company, which sells Jim Jam and NutriChoice biscuits, reported a consolidated net profit of Rs 531 crore ($62.95 million) for the three months ended Sept. 30

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Apart from the FMCG giant's September quarter performance, analysts and investors will keep an eye on the company's rural demand environment, raw material cost outlook, and market share trends

Britannia is in talks to acquire a majority stake in Kishlay Foods, a Guwahati-based company known for its range of snacks, biscuits, sweets, chips, noodles, and tea, valued at Rs 600-700 crore

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

Analysts, on average, had expected a profit of 5.36 billion rupees, according to data from LSEG

FMCG major Britannia Industries Ltd said all permanent workers at its Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS). Despite this significant workforce change, a company official claimed that there would be no material impact on the business operations of Britannia Industries. However, according to senior CITU leader Gautam Ray, production has been stopped at the plant. "There has been no production at the Taratala plant for over 20 days. All 122 permanent employees have accepted VRS, and negotiations are ongoing for 250 contractual workers," said senior CITU leader Gautam Ray. Britannia did not respond to PTI's queries on stopping the production. The Taratala plant, one of Britannia's oldest biscuit manufacturing units, has been operational for over seven decades. According to sources, the Britannia management offered Rs 13 lakh to employees with up to 5 years and 11 months of remaining job tenure, Rs 18.5 lakh for employees with 6 to 10 years o

A reversal in the fortunes of FMCG companies is, however, yet to reflect in their financial performance

Leading food products company Britannia Industries expects a "double-digit growth" in volumes post general elections and the monsoon season with a "manageable inflation", its Vice Chairman and Managing Director Varun Berry said on Monday. The company is "hopeful of recovery in consumption" this fiscal year with an expectation of stable inflation and a good monsoon. It anticipates a "healthy inflation" of around 3 per cent in FY25, which will also help achieve faster growth of its topline as it moves forward, Berry said in a post-earnings conference call. "Last quarter volume growth was two times the revenue growth. So I think volume growth this year, we expect them to be quite solid," he said. Barring a few months in FY25, which would be pretty similar to the last fiscal, Berry expects a double-digit volume growth for Britannia, maker of Good Day, Marie Gold, Tiger, Bourbon, and Milk Bikis biscuits. "The volume growth this year, we expect them to be quite solid. And I would think