Britannia

As the new CEO and MD, Kapre will be responsible for executing a robust growth strategy for the company and accelerating its growth New Delhi: Bagrrys India, the health food and breakfast cereals company, has appointed Jayant Kapre as its new...

Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22. This is the company’s “highest quarterly revenue” recorded. New Delhi: Bakery foods company Britannia Industries Ltd on Friday reported a 28.47...

In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as well New Delhi: The FMCG industry expects an improvement in...

Home grown private equity fund Everstone Capital has sold its iconic bread brand Modern Foods to Mexico’s largest food and bakery company, Grupo Bimbo, according to a report by the Economic Times. Everstone's bread and bakery platform Everfoods Asia, predominantly consists of Modern Bread brand that Everstone had acquired...

Britannia Industries Ltd on Monday reported a 22.96 percent increase in consolidated net profit to Rs 495.20 crore for the quarter ended September. According to a PTI report: The company had posted a net profit of Rs 402.73 crore in...

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations. The FMCG Index grew 32 percent from...

The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. Brands...

Homegrown food company Britannia Industries will invest over Rs 700 crore to open five new manufacturing units in the next two-and-a-half years to meet the growing demand in different parts of India, its MD Varun Berry said on Monday. According...

Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO. According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...

Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...