Company: Britannia Industries Ltd
Income 2005-2006 = Rs 1700 Cr (rounded off)
Net profit after tax (05-06) = Rs 150 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
The involvement of the Wadias in community welfare began with the magnificent obsession of Bai Jerbai Wadia who single mindedly and commitedly set out to construct low cost baugs or housing colonies in Bombay for lower and middle-class Parsis. Between 1908 and 1956, a total of five Baugs were built – the Nowroz Baug, Rustom Baug, Bai Jerbai Baug, Cusrow Baug and Ness Baug. Even today, they stand testimony to the magnanimous spirit of Bai Jerbai and her sons
Health care facilities was another area close her heart . With her inspiration, her sons Ness and Cusrow set about building much needed hospitals in Bombay.
Mangaldas Mehta, a renowned Gynecologist, were appalled by the conditions in which the mill workers’ children were born. It was a cause that soon became their crusade. What started as a few make-shift rooms in a building at Parel, Bombay, soon became a large Maternity Home, the Nowrosjee Wadia Mater
For the Wadia Group, charity has always begun at home – with the welfare of its workers. In fact, one of the first housing projects for mill workers was started by the Wadia mills. Bombay Dyeing was the first to open a provident fund for workers and a forerunner in establishing family planning centres for its work force. nity Ho
The Sir Ness Wadia Foundation, a charitable trust set up in 1969 is today vibrant and throbbing. Individual companies of the Wadia Group rise to the occasion whenever a cause is taken up by the Foundation, and more often when profits justify it. The trustees have disbursed funds to a broad spectrum of causes from scholarships for the disabled to drought relief in Bombay. For instance, the aftermath of the Latur earthquake in India saw the Wadia Group rebuild an entire village and in the process, rehabilitate thousands of families.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Britannia Industries Ltd
5/1/A Hungerford Street,
Kolkata – 700 017
West Bengal
Ph: 033 – 2287 2439 / 2287 2057
Fax: 033 – 2287 2501
Email: bilinfo@britindia.com
Web address : http://www.britannia.co.in