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Britannia to raise prices by 5-10%

01 Sep 2010 Evaluate

With rising input costs, Britannia will raise prices across its products by 5 to 10 per cent. Rising input cost has been taking a toll on its bottom line from the past few quarters. The company posted a 30 per cent dip in its net profit in the first quarter of 2010-11 over the corresponding period last year, even as net sales jumped 25 per cent.

Fast moving consumer goods companies are passing on input cost to consumers lately. Hindustan Unilever raised its soap prices by 5 to 6 per cent. Marico raised the prices of its flagship Saffola and Parachute brands by 3 to 5 per cent.

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Britannia Industries Share Price

5282.60 -66.95 (-1.25%)
14-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Nestle India 1425.45
Varun Beverages 470.35
Britannia Industries 5282.60
LT Foods 379.80
Hatsun Agro Product 936.70
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