Britannia Industries Ltd is an Indian company that is primarily engaged in the production and distribution of packaged foods, including biscuits, bread, cakes, and dairy products.
Products : The company operates in the consumer goods industry in India and competes with other major players such as Parle Products and ITC Limited.
The future of Britannia Industries will depend on its ability to continue to innovate and meet changing consumer demands, such as the demand for healthier and more natural food products. The company has been expanding its product offerings to include organic and whole grain products, as well as entering new categories such as snacks and breakfast foods.
In terms of revenue and profit, Britannia Industries reported a consolidated revenue of INR 13,188 crore (approximately USD 1.8 billion) for the fiscal year 2020-2021, an increase of 12% from the previous year. The company’s net profit for the same period was INR 1,032 crore (approximately USD 140 million), an increase of 22% from the previous year. These gains were attributed to strong sales growth in the domestic market and cost savings initiatives.