Kolkata, July 28th, 2008 - Britannia Industries Ltd. (BIL), one of India's leading food Companies, reported sales of Rs. 6,933 MM for the quarter ended 30th June 2008, a growth of 20.2%. PBIT increased 18.8%, while PAT grew 11.6%.
Commenting on the performance, Ms. Vinita Bali, Managing Director, said, “The Company has maintained its growth momentum & operating margin in a highly inflationary and competitive market. Investments behind our brands increased significantly with a sharper focus on key brands with the launch of ‘GoodDay Classic’, & Tiger with Iron- Zor and ‘NutriChoice 5 Grain’.
Consumers voted brand ‘Britannia’ among the Top 10 Most Trusted Brand across categories for the 5th successive year in a survey conducted by AC Nielsen ORG-Marg and published in a leading daily. Britannia was rated as # 2 Most Trusted Food brand in 2008.