BRITANNIA.NSEBritannia Industries Ltd.

A massive fire at Unity Logistic Park destroyed warehouses of Reliance Industries, Britannia Industries and Delhivery. The blaze started late night and spread quickly due to wind. Over 25 fire engines and 150 tankers controlled it in 6–7 hours. No casualties were reported, but losses run into crores. Cause likely short circuit; probe underway.

ET Intelligence Group: The FMCG sector is expected to post a steady March-quarter performance, supported by stable rural demand, gradual urban recovery and volume growth even as pricing remains subdued in several segments. While steady raw material costs during most of the quarter are margin supportive, the recent rise in costs of crude-linked inputs such as packaging materials could weigh on margins. Companies with stronger execution, premium portfolios and better distribution reach are expected to outperform, while category-specific challenges and international headwinds may keep performance uneven across the pack. Hindustan Unilever is expected to report mid-single digit revenue growth led by 4-5% volume growth. Growth is expected to be broad-based, with beauty and wellbeing growing in double-digits, while home care, personal care and foods & beverages are likely to grow in mid-single digits. The demerger of low-margin ice cream business may support operating margin before depreciation and amortisation (Ebitda margin).

ET Intelligence Group: The FMCG sector is expected to post a steady March-quarter performance, supported by stable rural demand, gradual urban recovery and volume growth even as pricing remains subdued in several segments. While steady raw material costs during most of the quarter are margin supportive, the recent rise in costs of crude-linked inputs such as packaging materials could weigh on margins. Companies with stronger execution, premium portfolios and better distribution reach are expected to outperform, while category-specific challenges and international headwinds may keep performance uneven across the pack. Hindustan Unilever is expected to report mid-single digit revenue growth led by 4-5% volume growth. Growth is expected to be broad-based, with beauty and wellbeing growing in double-digits, while home care, personal care and foods & beverages are likely to grow in mid-single digits. The demerger of low-margin ice cream business may support operating margin before depreciation and amortisation (Ebitda margin).

India Business News: BENGALURU: Britannia Industries said its manufacturing operations have not faced any significant disruption due to industrial gas supply concerns link.

India Business News: BENGALURU: Britannia Industries said its manufacturing operations have not faced any significant disruption due to industrial gas supply concerns link.

Arvind R P has resigned from McDonald's India. He served as chief business officer for the South business. Arvind R P brings over 27 years of experience in marketing and business leadership. He previously worked with TVS Motor Company, Britannia Industries, Levi Strauss & Co., and Kaya.

Arvind R P has resigned from McDonald's India. He served as chief business officer for the South business. Arvind R P brings over 27 years of experience in marketing and business leadership. He previously worked with TVS Motor Company, Britannia Industries, Levi Strauss & Co., and Kaya.

GST authorities have issued a Rs 6.37 crore demand notice to Britannia Industries. The bakery giant received the order from Thane CGST office. This is for incorrect classification of goods supplied between FY 2020-21 and FY 2023-24. Britannia is exploring legal remedies. The company stated this will have no material impact on its financials or operations.

GST authorities have issued a Rs 6.37 crore demand notice to Britannia Industries. The bakery giant received the order from Thane CGST office. This is for incorrect classification of goods supplied between FY 2020-21 and FY 2023-24. Britannia is exploring legal remedies. The company stated this will have no material impact on its financials or operations.