financetom
Business
financetom
/
Business
/
Britannia will focus on ‘total’ foods dream and new offerings to consumers, says Varun Berry
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Britannia will focus on ‘total’ foods dream and new offerings to consumers, says Varun Berry
Jan 28, 2023 6:25 AM

It's been 10 years since Varun Berry joined Britannia. In this period, the company's revenues have doubled, but the profits have quadrupled. CNBC-TV18’s Mangalam Maloo met with Varun Berry, the Executive Vice-Chairman and Managing Director of Britannia Industries, at their Bengaluru office to talk about Britannia's journey during pandemic, plans to accelerate innovation and Britannia's growth outlook.

Berry said some of the businesses very affected during the pandemic and now they are seeing the momentum back. He said, “So now is the time for us to get back on stream with our total foods dream and make sure that we get new products to the fore, we get new connections with consumers with new offerings and that's what we are looking forward to.”

Read Here | Britannia names Rajneet Kohli as new CEO, elevates Varun Berry to executive VC & MD

Talking about strategic plans, Berry said, “It is all about getting into other categories; growing the core, but also getting into new categories, growing those faster, making sure that we will not be able to get the kind of profit growth that we have seen in the past. But making sure that you inch your way up even in profitability.”

For full interview, watch accompanying video

Read Here | Weekender: The making of Tata Consumer Products

(Edited by : Pradeep John)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BrightSpring Health Services Acquires Assets Providing Hospice Services in Florida
BrightSpring Health Services Acquires Assets Providing Hospice Services in Florida
Jun 24, 2024
05:28 PM EDT, 06/24/2024 (MT Newswires) -- BrightSpring Health Services ( BTSG ) said late Monday that it signed a definitive agreement to acquire the assets of North Central Florida Hospice and Haven Medical Group, a Florida-based firm, for $60 million. The price tag includes $15 million in cash at close, $30 million in company equity, and an additional $15...
Avalo Therapeutics Names Chief Legal Officer
Avalo Therapeutics Names Chief Legal Officer
Jun 24, 2024
05:37 PM EDT, 06/24/2024 (MT Newswires) -- Avalo Therapeutics ( AVTX ) said late Monday it has appointed Paul Varki as chief legal officer. Varki served as US general counsel at Idorsia Pharmaceuticals US since 2020, Avalo said. Price: 13.01, Change: -0.42, Percent Change: -3.13 ...
Imperial Metals Amends Terms on a $34.47 Debenture Issue
Imperial Metals Amends Terms on a $34.47 Debenture Issue
Jun 24, 2024
05:33 PM EDT, 06/24/2024 (MT Newswires) -- Imperial Metals ( IPMLF ) on Monday said it extending the maturity of a $34.47-million debenture issue. The debentures originally had a maturity date of July 1, 2024 and interest at a rate of 12% per annum, with interest paid semi-annually in cash. The debentures have been amended to extend the maturity date...
Hashicorp Insider Sold Shares Worth $396,661, According to a Recent SEC Filing
Hashicorp Insider Sold Shares Worth $396,661, According to a Recent SEC Filing
Jun 24, 2024
05:25 PM EDT, 06/24/2024 (MT Newswires) -- Marc Holmes, Chief Marketing Officer, on June 20, 2024, sold 11,926 shares in Hashicorp ( HCP ) for $396,661. Following the Form 4 filing with the SEC, Holmes has control over a total of 18,096 shares of the company, with 18,096 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1720671/000110465924074360/xslF345X03/tm2417843-3_4seq1.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved