'Not enough has changed when you look at diversity, including, but not restricted to, gender diversity. There is more talk than action there.'
Britannia's operating margin for April-June came in at 7.7 percent, up from 4.7 percent a year ago, which Vinita Bali, MD, said, was due to improvement in product mix and higher price realisation, apart from cost management.
Aided by a stronger portfolio mix, biscuit-to-bread major Britannia has seen its toplines grow 17 percent year-on-year this quarter. Buoyed by this, the company is looking to keep up the momentum by aggressively investing behind its brands. It is careful about growing inorganically, reports CNBC-TV18 Farah Bookwala.
Britannia Industries today posted 20.47 per cent rise in net profit to Rs 45.60 crore for the second quarter ended September 30, 2012.
In an interview with CNBC-TV18, Vinita Bali, CEO of Britannia said the margins have been improving consistently and the company‘s performance is going to depend on the monsoon and government policy actions.
Bakery and dairy products maker Britannia Industries said its net profit rose by 22.61% to Rs 53.03 crore for the fourth quarter ended March 31, 2012.
The Finance Minister has presented a mixed Budget with fundamentally positive steps in some areas. A few of the positives of the Budget include raising the plan outlay for agriculture by 18%.
Britannia Vinita Bali, MD of Britannia has exclusively told CNBC-TV18 that earlier reports of the company firing almost 42 employees across levels were incorrect.
Vinita Bali, managing director of the USD 1 billion baker, Britannia Limited has one passion - marketing healthy, but tasty, food to a large group of people.
Names Not Numbers is an ideas conference which provides a space for individuals to explore how and why
You have to be aware of the past to figure out what to do in the future, says Vinita Bali, who took charge at Britannia when it was down and turned it around
Rajiv Bajaj of Bajaj Auto, Shanker Annaswamy of IBM India, Vinita Bali of Britannia and Manish Sabharwal of TeamLease Service talk about the transformational changes their businesses make as they push their companies to become leaders in their respective fields.
In an interview to CNBC-TV18, Vinita Bali, chief executive officer, Britannia said, she sees robust growth in urban and rural India. Fifty percent of Britannia’s sales come from rural India.
FMCG major Britannia Industries today said it was badly hit by food inflation for which the company was working towards improving the quality of margins.
Speaking to CNBC-TV18, Vinita Bali of Britania Industries said that the company has seen a topline growth of 25% and a bottomline growth of 24% as well, slightly ahead of 24% with an operating profit improvement of 40%.
Those are just some of the images that have defined the decade starting May 2001 which is when Storyboard was broadcast for the first time. Hello and welcome to a month of celebrations here on CNBC TV18 as this show.
In an exclusive interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, Vinita Bali, CEO of Britannia says that the company is expecting high growth in the premium products range. The company has seen a double digit growth in the dairy business and is now moving into a line of breakfast cereals, she says.