Page 6 - Britannia Industries

Britannia Industries profit before tax rises 1.6% to Rs 457 crore

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

Financials lead in Sensex's 522-pt rally; Nifty ends 153 pts up at 9,979

All that happened in the markets today

Corporation tax rate cut may save the day for Britannia in Q4, say analysts

In April, Britannia announced an interim dividend of Rs 35 per share for the financial year 2019-20.

Market Ahead, June. 1: Top factors that could guide markets this week

SGX Nifty, which is up 130 points, is indicating a stronger opening for the Indian indices today

Sebi-Wadia group firms resolve issue related to non-disclosure of arrest

Britannia Industries, the Bombay Dyeing and Manufacturing Company and the National Peroxide agreed to pay Rs 23.4 lakh as settlement charges to Sebi

Covid-19: Britannia launches WhatsApp store locator to meet consumer demand

The GPS-based chatbot publishes a list of stores near the consumer's current location, which have been recently serviced by the company

MARKETS: Sensex gains 484 pts as IT, financials rally; Nifty ends at 9,314

All that happened in the markets today

Britannia Industries jumps 10% ahead of board meet for interim dividend

Analysts at HDFC Securities say that the impact from Covid-19 on the FMCG sector will be sharper on revenues for companies in March quarter

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Britannia partners with Dunzo for delivery of food essentials; stock up 10%

Customers can avail Britannia products through the Dunzo app in under an hour of ordering from the 'Britannia Essentials' store.

FMCG leaders mark down overall growth to 3% amid coronavirus outbreak

According to Nielsen, panic buying of food items and hygiene products has pushed up growth rates of food and non-food categories by 300 and 400 basis points respectively.

Norway's sovereign wealth fund raises bets on corporate bonds in India

The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures

Britannia's Q3 PBT rises 7% to Rs 498 cr, revenue grows 5% to Rs 2,983 cr

The net profit for the period grew 23 per cent to Rs 369.88 crore on YoY basis

Britannia Industries Q3 consolidated net up 23.26% to Rs 370 cr

The company had posted a consolidated net profit of Rs 300.07 crore in the same quarter last fiscal, Britannia Industries said in a regulatory filing

Weekly stock picks by Religare Broking: Buy Berger Paints, REC Limited

On January 14, Berger Paint's stock surged strongly and made a new record high, supported with a noticeable rise in volume

Nifty Outlook and top trading ideas by CapitalVia Global Research Limited

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Britannia Ind jumps 6% as Q2 net profit rises 33% YoY to Rs 403 crore

The company's profit before tax (PBT) stood at Rs 498 crore, up 8.5 per cent YoY.

Good days for Britannia Industries amid a slowing consumption environment

Growth in sales driven by better product mix and price hikes

Britannia Industries posts 32.9% increase in Q2 net profit at Rs 402.73 cr

Net sales were up 5.88 per cent to Rs 3,022.91 crore during the quarter under review as against Rs 2,854.81 crore of the corresponding quarter previous fiscal.

Little hope of volume recovery in second quarter from pricey FMCG firms

Analysts estimate low single-digit volume growth, the lowest since June 2017 quarter; companies will need to clock double-digit volume growth in second half to touch FY19 levels