Trend

Smart Cookie

Britannia’s Varun Berry makes the most of the rally in the stock

The Nusli Wadia-owned FMCG major Britannia Industries has been an investor favourite, what with the stock gaining 38% over the past one year against the 14% gain clocked by the benchmark Sensex. The performance has also come on the back of robust numbers from the company. Over FY12-FY17, Britannia’s net sales have shown a CAGR of 10.5%, while profit saw an impressive CAGR of 35%. In FY17, sales and profit grew by 8% and 7%, respectively.

Even as the Street savoured the growth, managing director Varun Berry, who has been instrumental in turning around the fortunes of the company

unsub

You don’t want to be left behind. Do you?

Our work is exclusively for discerning readers. To read our edgy stories and access our archives, you’ve to subscribe