Britannia's near-term prospects aren't upbeat even after a rough Q1
Britannia's stock has risen as much as 21% on the National Stock Exchange from its lows seen in March07-08-2022
07-08-2022
BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir/Madam, Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, please find enclosed e-copies of the newspaper advertisement published yesterday i.e., 5th August, 2022 in 'Financial Express' (English - all editions) and in 'Sangbad Pratidin' (Bengali - Kolkata edition) on the captioned subject. Request you to please take the above information on records.06-08-2022
BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Sub: Analyst Call Presentation and Link of Audio Recording of Analyst Call Ref: Regulation 30 and Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herein enclose copy of Analyst Call Presentation pertaining to Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2022. Please find below the link for audio recording of Analyst Call organized on 4th August, 2022: Link: - http://britannia.co.in/pdfs/Presentations/Analyst-call%20-%20Audio-recording.mp305-08-2022
Results Earnings Call for Q1FY23 of Britannia Industries
Conference Call with Britannia Industries Ltd. Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: MD Varun Berry and Senior Team05-08-2022
Britannia Industries to continue raising prices in Q2 amid high inflation
Between the April-June and July-September quarters of FY23, the biscuit major will take a price hike between 6 per cent and 7 per cent04-08-2022
Q1FY23 Quarterly Result Announced for Britannia Industries Ltd.
FMCG company Britannia Industries announced Q1FY23 results: Consolidated Sales of Rs. 3,654 Crore with a growth of 9% Consolidated operating profit of Rs. 450 Crore for the quarter Commenting on the performance, Mr. Varun Berry, Managing Director, said: “We have been delivering consistent topline growths in this challenging economic environment, reflecting our team’s execution strength & Go-To-Market strategy and evident in our consistent market share gain over the last 36 quarters. We continue to expand our market leadership through reach and diligent market practices. Our rural footprint witnessed further additions and we now reach ~27,000 Rural Preferred Dealers, which also reflects in Rural market share gain being better than Urban. We launched some delightful new to market innovations viz. Biscafe, Bourbon Vanilla Cheesecake, Nutrichoice Seeds & Herbs during the Quarter. We also launched Croissant nationally after witnessing significant traction in test markets & have strengthened our Wafer portfolio with introduction of Cheese Wafers. We did focussed media advertisements, launch campaigns & celebrity advertisements for a few of our brands viz., Good Day, Biscafe, 50-50 & Bourbon amongst others, to solidify our Brand positioning. On cost & profitability front, global factors continued to impact the economy, which led to further surge in inflation during the quarter. Certain commodities, relevant to bakery business, such as Wheat & Industrial fuel witnessed steep sequential inflation during the quarter ranging between 15 and 20%. While we actioned necessary price increases to cover this, the full impact of price correction should reflect in the ensuing quarter. Further, drop in prices of some of the commodities like Palm Oil & Crude alongwith our intensified cost efficiency program should help sustain & improve profitability in the coming quarters. We stay committed to our ESG framework of People, Growth, Governance and Resources and are happy to inform that we have achieved 100% Plastic waste neutrality. We shall continue to focus on our ESG initiatives to build a Sustainable Profitable business.” Result PDF04-08-2022
BRITANNIA INDUSTRIES LTD. - 500825 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 4Th August, 2022.
Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their meeting held today i.e., 4th August, 2022, considered and approved the Statement of Unaudited Financial Results of the Company for the quarter ended 30th June, 2022 and authorized Mr. Nusli N Wadia, Chairman to sign the results to be submitted to stock exchanges. Statement of Unaudited Financial Results and Limited Review Report for the quarter ended 30th June, 2022 along with the Press Release is enclosed. The said Results are also being published in the newspapers as required under the SEBI (LODR) Regulations, 2015. The Board Meeting commenced at 11:30 A.M. and concluded at 3:00 P.M.04-08-2022
BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sub: Revised Invite for investors/analyst conference call on Thursday, 4th August, 2022 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, With reference to the above cited subject and our letter dated 27th July, 2022, we wish to inform you that the time for holding investor/analyst conference call on Thursday, 4th August, 2022 has been revised to 5:30 P.M. During the call, the management will comment upon the financial results and operations for the quarter ended 30th June, 2022. The recordings and transcript of the said call will be subsequently posted on the Company's Website i.e., http://www.britannia.co.in.04-08-2022
Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts
Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period.03-08-2022
BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company will be holding investor/analyst conference call on Thursday, 4th August, 2022 at 5:00P.M. During the call, the management will comment upon the financial results and operations for the quarter ended 30th June, 2022. The recordings and transcript of the said call will be subsequently posted on the Company''s Website i.e., http://www.britannia.co.in.27-07-2022