Britannia flags fuel inflation, GST pricing disruption in Q4 - The Times of India
BENGALURU: Britannia Industries said higher fuel and freight costs arising from the West Asia conflict, along with disruption in wholesale channels following GST-linked pricing changes in the biscuit market, weighed on growth during the March quarter, prompting the company to initiate calibrated price hikes and cost-control measures.The maker of Good Day and Marie Gold biscuits reported consolidat…