 "Britannia")
Good Day and Tiger Biscuit-maker Britannia Industries is expected to report a strong set of numbers for January-March quarter of FY21 (Q4FY21) as consumer goods’ demand reaches pre-Covid levels. Analysts forecast a high, single-digit growth in sales volume along with up to 25 per cent YoY growth in net profit for the FMCG giant, which is slated to report its Q4 results on Tuesday, April 27.
“We expect Britannia to build on its strategic pillars of innovations, affordable packs/pricing, direct distribution, adjacent product segments (cake, Cream wafers, salted snacks, milkshakes), cost efficiency programs, and high growth in Hindi heartland (1.3-1.6x) to
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