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Britannia sales grow 25%
Kolkata, August 9th, 2010: Britannia Industries Ltd. (BIL), India’s leading Food Company,
reported sales of Rs. 9,128 MM for the quarter ended 30th June 2010, a growth of 24.8%
backed by a volume growth of 20%. Net Profit at Rs. 328 MM, declined 30.7%.
Commenting on the performance, Ms. Vinita Bali, Managing Director, said,
"We have delivered a 25% growth, well ahead of the market, across our portfolio, backed by a
strong 20% growth in volume. The real challenge for the industry is the continuing and high
inflation in key commodities like flour and sugar that adversely impacts margin. In an intensely
competitive market we are focused on stripping down cost even as we continue to drive
innovation”.
Britannia continues to fuel innovation in the market with the launch of new products and packs
– ‘Treat Choco-Decker’, ‘Britannia Cookies’, ‘NutriChoice Nature Spice’, ‘Tiger Choco’, a
milk based chocolate drink and ‘Actimind’ – health drink for children with seven active brain
nutrients that help to improve mental sharpness.
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