BRITANNIA.NSE

Britannia Industries Ltd.

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 plans to challenge the order through legal remedies. The company stated this will not materially impact its financials or operations.

India’s consumer sector showed gradual recovery in 3QFY26, with 17% revenue and 15% EBITDA growth aided by low base, stable input costs and improving sentiment. Food and staples led gains, while discretionary recovery remained uneven. Titan Company and Britannia Industries delivered strong quarterly performances.