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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 Inds Share Price

5566.00 7.05 (0.13%)
13-Apr-2026 12:09 View Price Chart
Peers
Company Name CMP
Varun Beverages 431.70
Nestle 1227.00
Britannia Inds 5566.00
LT Foods 409.85
Hatsun Agro Product 923.55
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