Britannia's price hike this fiscal may be higher than estimated: MD Varun Berry - Economic Times


5/4/2022 12:00:00 AM2 years 11 months ago
by Ratna Bhushan

If spot prices continue at similar levels for the next 12 months, then an additional 10% year-on-year price hike would be needed for FY23, he said. The maker of Good Day and Marie biscuits will follow a combination of price hikes, controlled discretionary sp…

Britannia Industries is likely to increase prices by an additional 10% in the current financial year, higher than the previously estimated 7% year-on-year as the global geopolitical situation has fur… [+2791 chars]

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