Britannia Industries Reports Strong Revenue Growth, Appoints Varun Berry as CEO

Britannia Industries Limited announces a major leadership update and a strong financial performance for the fiscal year ending March 31, 2025. The company appoints Varun Berry as Chief Executive Officer, effective May 8, 2025. Berry continues to serve as the Executive Vice-Chairman and Managing Director, taking on the CEO role without any changes to the existing terms of his appointment.

This decision follows the recommendation of the Nomination and Remuneration Committee and was disclosed in a regulatory filing to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). Shareholders had earlier approved Berry’s appointment terms during the company’s 104th Annual General Meeting held on August 28, 2023.

Britannia Delivers Strong Financial Results

Alongside the leadership announcement, showing robust growth in revenue and profitability for the quarter and year ended March 31, 2025.

The company reports a standalone revenue from operations of ₹16,859.22 crores, a notable increase from ₹15,938.87 crores recorded in the previous financial year. Net profit also sees a rise, reaching ₹2,130.72 crores, up from ₹2,082.05 crores last year. Reflecting its strong performance, the Board of Directors recommends a final dividend of ₹75.00 per equity share with a face value of ₹1 for the financial year 2024–25.

On a consolidated basis, Britannia continues to perform well. Total consolidated revenue stands at ₹17,942.67 crores, up from ₹16,769.27 crores in the previous year. Net profit increases to ₹2,177.86 crores, compared to ₹2,134.22 crores last year. These numbers highlight Britannia’s sustained growth momentum in a competitive FMCG sector.

Governance and Regulatory Disclosures

Britannia Industries identifies its Key Managerial Personnel (KMP) responsible for determining material events and disclosures to the stock exchanges. These include Varun Berry (CEO, MD, and Executive Vice-Chairman), N. Venkataraman (Executive Director and CFO), and T. V. Thulsidass (Company Secretary).

With Varun Berry at the helm, Britannia continues to focus on innovation, operational efficiency, and market expansion. His appointment as CEO further strengthens the company’s leadership framework and signals continuity in its strategic vision.

A Future-Ready FMCG Leader

Britannia Industries has consistently ranked among India’s most trusted food brands, and its recent financial performance confirms its strong position in the market. The combination of seasoned leadership, robust governance, and continued revenue growth reinforces Britannia’s commitment to delivering long-term value to its stakeholders.