Britannia Industries

Britannia
FormerlyBritannia Biscuit Company Limited
Company typePublic
BSE: 500825
NSE: BRITANNIA
NSE NIFTY 50 constituent
ISININE216A01030
IndustryFood processing
Founded1892; 132 years ago (1892) in Calcutta
1918; 106 years ago (1918) as Britannia Biscuit Company Limited
Headquarters
Hungerford Street, Kolkata, India
Area served
Worldwide
Key people
  • Nusli Wadia (Chairman)
  • Varun Berry (Executive Vice-Chairman & MD)
  • Rajneet Kohli (CEO)
  • N Venkataraman (Executive Director & CFO)
Products
RevenueIncrease ₹16,301 crore (US$2.0 billion) (FY23)[1]
Increase ₹2,605 crore (US$310 million) (FY23)[1]
Increase ₹2,322 crore (US$280 million) (FY23)[1]
Number of employees
4,480 (2019)
ParentWadia Group
Subsidiaries
  • Manna Foods Private Limited
  • International Bakery Products Limited
WebsiteBritannia
Footnotes / references
[2][3]

Britannia Industries Limited is an Indian multinational food products company, which sells biscuits, breads and dairy products. Founded in 1892, it is one of India's oldest existing companies and currently part of the Wadia Group headed by Nusli Wadia.[2] As of 2023, about 80% of its revenues came from biscuit products.[4]

Beginning with the circumstances of its takeover by the Wadia Group in the early 1990s, the company has been mired in several controversies connected to its management,[5][6] but it continues to hold a large market share.[6][7]

  1. ^ a b c Sreedhar, Vidya (6 May 2023). "Britannia Q4 Results: Cons PAT surges 47% YoY to Rs 559 crore, sales up 13%". The Economic Times. Retrieved 20 January 2024.
  2. ^ a b "Britannia Industries Ltd". Reuters. Retrieved 10 November 2021.
  3. ^ "Annual Report 2016-17" (PDF). Britannia Industries Limited. 30 October 2017. Retrieved 30 October 2017.
  4. ^ "A freshly baked strategy: Behind Britannia Industries' plan to pivot from biscuits to a food player". Business Today. 17 March 2023. Retrieved 20 January 2024.
  5. ^ Cite error: The named reference bt was invoked but never defined (see the help page).
  6. ^ a b Cite error: The named reference bs was invoked but never defined (see the help page).
  7. ^ Yadav, Navdeep (2 July 2020). "Here's how Britannia is eating into ParleG's market share for five years now⁠— and now wants more of it". Business Insider.