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britannia: Britannia flags clear signs of slowdown in rural economy

FMCG major Britannia Industries has raised concerns over clear signs of a slowdown in the rural economy, said the company in its earnings conference call. On Wednesday, the company posted a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. Britannia will correct the pricing once commodity prices soften.

Varun berryBritannia industriesVice chairmanManaging directorMiddle eastManaging director varun berryMarket leaderRural distributionSlowdown in rural

Britannia Industries: Britannia Q2 net profit rises 20% to Rs 587 crore, sales flat at Rs 4,370 5 crore, ET Retail

Britannia Industries: Executive Vice-Chairman and Managing Director Varun Berry said, "Our potential in rural continues to remain high and hence, expansion in rural distribution continued despite reported rural slowdown. We have progressed well on our digital journey with digital marketing gaining momentum and leveraging digitalization to enhance decision making & fine-tuning distribution reach."

Varun berryManaging director varun berryBritannia industriesVarun berryMarie goldRitannia market shareBritannia q2 results

Britannia Q2 net profit rises 20% to Rs 587 cr, sales flat at Rs 4,370 5 cr

Britannia Q2 net profit rises 20% to Rs 587 cr, sales flat at Rs 4,370 5 cr
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Indian biscuit maker Britannia misses Q2 revenue view on price cuts

India s Britannia Industries reported second-quarter revenue that fell short of analysts expectations on Wednesday, as the biscuit maker cut prices of some of its key products to stave off.

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Britannia Q2 net profit rises 20 pc to Rs 587 crore, sales flat at Rs 4,370 5 crore

Britannia Q2 net profit rises 20 pc to Rs 587 crore, sales flat at Rs 4,370 5 crore
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Varun berryBritannia industriesBritannia industries ltd onBritannia industries ltdGood dayMilk bikisMarie goldManaging director varun berryMiddle east

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