ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Britannia, Novartis India, Mangalore Chemicals and Fertilisers

BRITANNIA Baking a Better Biscuit Britannia transferred its dairy business effective from March 2002 to Britannia New Zealand Foods, a joint venture with Fonterra Co-operative Group, New Zealand. As a result, the financial performance of the company for the year 2002-03 is not strictly comparable with those of its previous years. Presently, the primary business segment of the company is bakery, which consists of biscuits, bread and cakes. On a comparable basis, the company has reported a net sales growth of 6 per cent and improvement in profit after tax and before exceptional items by 12 per cent as compared with that of the previous year

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