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Informist, Tuesday, Aug. 5, 2025

By Avishek Rakshit

KOLKATA – A marginal uptick in consumer demand across urban and rural markets, backed by sweating its existing sales outlets led Britannia Industries Ltd. to report a near 3% on-year increase in its consolidated net profit for the June quarter to INR 5.2 billion. However, the net profit missed the Street's estimate of INR 5.7 billion.

The company's consolidated revenue increased 8.8% on year to INR 46.2 billion during the quarter and was a tad above the Street's projection of INR 46.1 billion. In the year-ago quarter, Britannia had reported a net profit of INR 5.1 billion on revenues of INR 42.5 billion.

The company's total expenses grew 10.4% on year to INR 39.7 billion as commodity inflation and high-cost inventory led the raw material costs to increase by 15.3% on year to INR 25.5 billion. Purchase of stock-in-trade increased 8.7% on year to INR 2.1 billion.

In a statement, Britannia said its sales performance in the June quarter underscores the effectiveness of its focused execution strategy, which entailed maximising value from existing outlets, enabling more agile servicing to key stores, and driving operational efficiencies across its distribution network. It led to a double-digit growth across its four focus states and in adjacent bakery categories, such as rusk, wafers, and croissant.

"Marginal uptick in consumption across both urban and rural markets — underpinned by moderating inflation, helped us go back to double-digit growth after the last few periods," Varun Berry, the company's executive vice-chairman, managing director and chief executive officer, said in a statement.

The company's move towards premiumisation of its portfolio through innovation, and new launches across the premium biscuit portfolio, such as the Pure Magic range of cream biscuits and Crafted Cookies under the Good Day brand of cookies, improved sales. At the same time, Britannia continued to spend on advertising its core brands to increase sales and market share.

"As the year progresses, our focus will remain on sustaining a healthy growth trajectory while protecting margins amidst a heightened competitive landscape across product categories. We aim to further reinforce our market leadership through continued investments in brand building and innovations," Berry said.

Shares of Britannia closed 2.62% down at INR 5,635.50 on the National Stock Exchange on Tuesday. The company declared its results for the June quarter after market hours. End

Edited by Tanima Banerjee

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