MoneyWorks4Me

Britannia Industries increases prices in January-March quarter

04 May 2022 Evaluate

Britannia Industries has judiciously increased prices in the January-March quarter on account of cost inflation and would further take such calibrated price hikes to retain its profitability. According to the company, the economy was impacted by global geo-political factors which caused a further surge in inflation in the January-March quarter of FY22.

Britannia Industries, one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG Segment.

Peers
Company Name CMP
Nestle India 1331.00
Varun Beverages 441.70
Britannia Industries 4802.00
LT Foods 413.65
Hatsun Agro Product 1135.85
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