Executives said the fresh round of investments is playing out for brands that are either occupying niches or already taking market share from established brands. The list includes Dairy Classic and NIC ice creams, SkinQ dermo-cosmetics, Grameen Kulfi, Fresh Press juices, Woodsmen Mountain Whiskey, Yu instant foods and Natch snacks, among others.
Demand trend in the quarter will be largely similar to the last few quarters, with subdued operating environment and volume traction at an overall level, wrote Jefferies analysts
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Britannia has been investing heavily over the past few years on expanding its distribution reach, capacity expansion, tie-ups and innovation, so as to take optimum advantage of the large opportunity.