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BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 30 and 47 of the Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015, please find enclosed the newspaper advertisement published on 7th February, 2024 in Financial Express (English - All editions) and in Sangbad Pratidin (Bengali- Kolkata Edition) for the Unaudited Consolidated and Standalone Financial Results of the Company for the Quarter ended 31st December 2023.
07-02-2024
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Q3FY24 Quarterly & 9MFY24 Result Announced for Britannia Industries Ltd.

 Packaged Foods company Britannia Industries announced Q3FY24 & 9MFY24 results: Financial Performance Highlights - Sales Growth: Britannia's consolidated sales for Q3FY24 grew by 2% YoY, reaching a total of Rs 4,192 crore. - Operating Profit: The operating profit stood at Rs 743 crore, which indicates a healthy operating margin of 17.7%. - Nine-Month Revenue and Profit: For 9MFY24, the consolidated revenue was Rs 12,532 crore, marking a growth of 3.6%. The operating profit for this period grew significantly by 15.6% to Rs 2,162 crore. Business Strategy and Expansion - Brand Investments: Britannia focused on capitalizing on its brand power and executed judicious price corrections to remain competitive and increase market share. - Rural Market Expansion: The company expanded its presence in the rural market by partnering with over 29,000 rural distributors; focus states saw higher growth compared to other regions. - New Product Offerings: The introduction of new products such as BeYou Bars, Makhanas, Jim Jam Pops, and unique cheese formats aimed at meeting consumer demand. Varun Berry, Vice Chairman & Managing Director of Britannia Industries, commented on the quarter's performance, stating, “In a progressively recovering demand environment with heightened competition, our performance this quarter reflects our resilience and competitiveness. Over the last 24 months, we achieved a robust 19% growth in revenue, coupled with a commendable 52% increase in operating profit. We capitalized on the power of our brands with requisite investments, and actioned judicious price corrections, which helped us maintain competitiveness and gain market share. We continued to expand our direct reach and accelerate our rural journey, partnering with more than 29,000 rural distributors during the quarter. As a result, our focus states outperformed other regions in terms of growth, despite a generally subdued rural demand. Our new offerings viz. BeYou Bars, Makhanas, Jim Jam Pops and unique cheese formats continued to excite & delight our consumers. Our international business performed extremely well with robust double-digit growths across key markets. On Cost & Profitability front, we will stay vigilant of the commodity prices & evolving geopolitical situation. We will continue to invest behind our brands and stay price competitive with a clear objective of driving market share while sustaining profitability. We remain committed to the ESG framework of People, Growth, Governance and Resources to build a sustainable and profitable business.” Result PDF
07-02-2024

Britannia Industries Results Earnings Call for Q3FY24

 Conference Call with Britannia Industries Ltd. Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
07-02-2024
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Britannia Q3 net profit falls 40%, sales up 2%
07-02-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Press Release
06-02-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Statement Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2023

 This is to inform you that the Board of Directors of the Company at their meeting held today i.e., 6th February 2024 inter alia considered and approved the Statement of Unaudited Standalone & Consolidated Financial Results of the Company for the quarter and nine months ended 31st December 2023 and authorised Mr. Nusli N Wadia Chairman of the Company to sign the results to be submitted to the Stock Exchanges.
06-02-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 6Th February, 2024

 This is to inform you that the Board of Directors of the Company at their meeting held today i.e., 6th February, 2024, inter alia, considered and approved the Statement of Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2023 and authorized Mr. Nusli N. Wadia, Chairman of the Company, to sign the results to be submitted to stock exchanges.
06-02-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 With reference to the subject cited above and pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company will host an Investor/Analyst Conference Call on Wednesday, 7th February, 2024 at 10:00 A.M. IST.
31-01-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Intimation for issuance of Letter of Confirmation in lieu of share certificate(s) lost under Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
31-01-2024
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BRITANNIA INDUSTRIES LTD. - 500825 - Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2023 To Be Held On Tuesday, 6Th February, 2024

 BRITANNIA INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2024 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2023
29-01-2024
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