Turbulent times ahead, cautions Britannia CEO

Says uncertainty in urban demand hurting sentiment

- Viveat Susan Pinto

Britannia Industries Vice-Chairman, MD & CEO Varun Berry flagged uncertainty in urban demand with the overhang of tariffs & job, and technological disruption hurting sentiment among the salaried class. Addressing investors in a post-earnings call on Wednesday, Berry said that he sees turbulent times ahead, though policy interventions from the government and central bank could help soften the impact.

"It is difficult to gauge where sentiment is headed in the current market. These are turbulent times, but the policy interventions from the government and central bank could give a boost to consumption. We are monitoring the harvest output, since it impacts commodity prices, which is critical for us," Berry said in response to investor queries on the subject.