Mumbai / IN. (bil) Britannia Industries Limited (BIL), India´s leading Food Company, reported revenue growth of 16,8 percent in Q4/2012 and 17,8 percent for the year, on a standalone basis at 1’309,6 INR crores and 4’947 INR crores respectively. Consolidated revenue at 5’460,8 INR crores increased 19 percent for the year. Net Profit for Q4 increased 22,6 percent and for the year increased 28,5 percent, on a standalone basis at 53 INR crores and 186,7 INR crores respectively. Consolidated net profit growth was 48,5 percent at 199,6 INR crores. The Board of Directors recommended a dividend of 425 percent id est 8,5 per share. Commenting on the performance, Managing Director Vinita Bali said: «Our three priorities during the year were managing revenue, managing cost and generating new value through innovation in products, processes and technology. This focus enabled us to deliver a top line growth of 19 percent and a profit growth of 48,5 percent, on a consolidated basis. Each business, in India and overseas, showed a significant improvement in performance». Britannia´s emphasis on innovation was reflected in several new introductions both in the Health + Nutrition products, as well as, indulgent products. GoodDay, an iconic brand, completed 25 years and added delightful new offerings like Choconut, Chocochip and Classic.
10’000’000,000 Indian Rupees (INR) = 142’705,060 Euro (EUR)
10’000’000,000 Euro (EUR) = 700’746’000,000 Indian Rupees (INR)
1 INR = 0,014 EUR
1 INR crore = 100 INR lakh = 10’000’000,00 INR = 142’705,060 EUR
A crore (often abbreviated cr) is a unit in the Indian numbering system and was formerly a unit in the Persian numbering system, still widely used in Bangladesh, India, Maldives, Nepal, Pakistan, and formerly in Iran — says Wikipedia. An Indian crore is equal to 100 lakh or 10’000’000 INR (Indian Rupees).
