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Britannia signals another 1.5-2% price hike in Q2
BENGALURU: Britannia Industries may implement another 1.5-2% price increase next quarter, largely through “shrinkflation” in its Rs 5 and Rs 10 packs, as higher sugar, palm oil and fuel costs continue to weigh on the biscuits maker. Its CEO and MD, Rakshit Hargave, said during an analyst call on Friday that the price increases implemented in the June quarter had offset only about half of the inflation the company faced.
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economictimes.indiatimes.com
Britannia Q1 Results: Profit rises 14% to Rs 593 crore on volumes, price rise
India's Britannia Industries reported first-quarter profit below market expectations on Thursday, as higher expenses linked to the Middle East conflict overshadowed…
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thehindubusinessline.com
Volume growth, e-commerce boost lift Britannia’s Q1 profit 14% at ₹593 cr despite cost headwinds
Britannia's Q1 profit rises 14% to ₹593 crore, driven by volume growth and e-commerce, despite rising costs.
