Britannia Share Price Live blog for 11 Aug 2023
Britannia stock price went down today, 11 Aug 2023, by -1.29 %. The stock closed at 4602.5 per share. The stock is currently trading at 4543.3 per share. Investors should monitor Britannia stock price closely in the coming days and weeks to see how it reacts to the news.
BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed the transcript of the Analyst Call held on 7th August, 2023 pertaining to Unaudited Consolidated and Standalone Financial Results for the quarter ended 30th June, 2023.
Britannia hit as local rivals return
The main problem is that volume performance has been underwhelming. In Q1, volume was flat year-on-year, and revenue growth was price led. BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of Analyst Call Presentation pertaining to Unaudited Consolidated and Standalone Financial Results for the quarter ended 30th June, 2023.
Britannia Industries Results Earnings Call for Q1FY24
Conference Call with Britannia Industries Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. Q1FY24 Quarterly Result Announced for Britannia Industries Ltd.
Packaged Foods company Britannia Industries announced consolidated Q1FY24 results: Sales for Q1FY24 grew 9% to Rs 3,970 crore Operating Profit grew 37% to Rs 618 crore Net Profit grew 36% to Rs 458 crore Commenting on the performance, Varun Berry, Executive Vice Chairman & Managing Director, said: “We come out of a very successful financial year that witnessed economic recovery amidst unprecedented inflationary conditions. As market leaders, we led pricing actions to offset inflation & maintain profitability. However, in this quarter, commodity prices marginally softened & hence, the local competition intensified. In view of that situation, certain price corrections were initiated to remain competitive & continue to drive the topline while maintaining profitability. In this context, we delivered healthy revenue growth of 9% on the back of robust distribution gains coupled with requisite investments in Brands. We continued to display diligent market practices and strong on-ground execution, which also reflects in our rural performance in an overall tepid rural demand. We delivered robust growth in our focus states as well. We launched Jim Jam Pops, which was the first of its kind open cream biscuit. We have progressed well in our journey of building technologically superior factories. Our new Greenfields in Tamil Nadu & Uttar Pradesh were efficiently scaled up. With capacity and capability enhancements planned in Ranjangaon Food Park, we are well poised to further extract productivity and enhance competitiveness in these growing markets. On the sustainability front, we stay committed to our ESG framework of People, Growth, Governance, and Resources and shall continue to focus on our initiatives to build a sustainable profitable business.” Result PDF BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copies of newspaper advertisement published on 5th August, 2023 in "Financial Express" (English - all editions), and in "Sangbad Pratidin" (Bengali - Kolkata edition) on the captioned subject
Britannia Q1 Results: Net profit rises to 455.5 crore, revenue jumps to 4,064 crore YoY
The profit was 335.74 crore in the corresponding period of FY23, it said in a stock regulatory filing. BRITANNIA INDUSTRIES LTD. - 500825 - Statement Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 30Th June, 2023
This is to inform you that Board of Directors of the Company at their meeting held today 4th August, 2023, inter alia considered and approved the statement of Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023 and authorised Mr. Nusli. N. Wadia, Chairman of the Company to sign the results to be submitted to the stock exchanges.