Businesses in India are optimistic on demand conditions despite apprehensions about global recession though challenges from a shortfall in monsoon due to ‘El Nino’ conditions still persist, said leading bakery and food company Britannia Industries. The trajectory of inflation during FY24 would depend on a host of domestic and global factors, said Britannia… Continue reading Businesses optimistic on demand, climatic factors a concern: Britannia
Tag: Britannia
Britannia Industries’ net profit up 35.6% as margins expanded in Q1
Britannia Industries’ net profit in the April-June quarter of FY24 increased 35.6 per cent to Rs 457.6 crore as its profit before interest, depreciation, and tax (PBIDT) went up 34.1 per cent. The Nusli Wadia group firm’s net sales in the quarter increased 8.6 per cent to Rs 3,969.8 crore. The maker… Continue reading Britannia Industries’ net profit up 35.6% as margins expanded in Q1