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Informist, Thursday, May 7, 2026

 

--Britannia Ind Jan-Mar consol net profit INR 6.78 bln 

--Analysts saw Britannia Jan-Mar consol net profit at INR 6.70 bln 

--Britannia Ind Jan-Mar consol revenue INR 47.19 bln 

--Analysts saw Britannia Jan-Mar consol revenue at INR 48.78 bln 

--Britannia Jan-Mar consol net profit INR 6.78 bln vs INR 5.60 bln yr ago 

--Britannia Jan-Mar consol revenue INR 47.19 bln vs INR 44.32 bln yr ago 

--Britannia to pay INR 90.50 per share final dividend 

--Britannia FY26 consol net profit INR 25.33 bln vs INR 21.79 bln yr ago 

--Britannia FY26 consol revenue INR 191.52 bln vs INR 179.43 bln yr ago 

 

By Avishek Rakshit

 

KOLKATA – In line with the past several quarters, Britannia Industries Ltd. maintained its pace of top line growth momentum in the March quarter, even as it slowed down a bit after the festive season. 

 

One of the largest bakery companies in the country, Britannia saw a change of guard in November 2025 after Varun Berry, who led Britannia over a decade quit as its executive vice-president, managing director and chief executive officer. While Berry later joined Havells India Ltd. as an additional independent director in April this year, Rakshit Hargave, who set up Birla Opus' operations across the country, stepped into Berry's shoes in December 2025. 

 

The March quarter results are Britannia's first full quarterly results under its new managing director and chief executive officer, Hargave. 

 

Britannia reported around 6.5% on-year growth in its consolidated net sales for the March quarter at over INR 47 billion, which fell short of the Street's estimate of nearly INR 49 billion. The consolidated net profit, however, was slightly ahead of the Street's estimate and came in at INR 6.78 billion registering 21% on-year growth. 

 

For the past eight quarters, Britannia has been focussing on increasing its market share and its focus has primarily been on top line growth which will ensure it economies of scale in the long run when the company pursues profitability aggressively. The company has been reporting on-year top line growth of 3-10% for the past eight quarters but the bottom line growth has been inconsistent.

 

"The business witnessed a steady start to the quarter, with growth of 9% in the first two months, before moderating to a lower number in March, primarily on account of supply disruptions in the international business following the West Asia conflict," Hargave said in a statement. 

 

In the statement, Britannia said that over the years, the company took significant strides in scaling its presence in the rapidly growing e-commerce channel, which now contributes around 6% to its domestic business, driven by e-commerce-first launches and a premium mix of offerings. 

 

Adjacent categories, including croissant and wafers, continued their strong momentum, while flagship brands such as Little Hearts and Jim Jam recorded robust double-digit growth, Britannia said. Recent innovations, including 50-50 Dipped and 'Doodh' Marie Gold, have been well received and are gaining strong consumer traction.

 

"As we step into the new financial year, we have already initiated steps to mitigate any potential implication on the business, including input cost inflation, arising out of the ongoing conflict, and remain watchful of the evolving developments," Hargave said. "Going forward, we will continue to focus on driving growth across core and adjacent categories through a robust pipeline of innovations, agile execution and higher investment in advertising & brands."

 

For the year ended March, Britannia reported around 7% on-year growth in its consolidated top line at INR 191.52 billion and the consolidated net profit rose over 16% year to INR 25.33 billion. 

 

The company's board Thursday recommended final dividend of INR 90.50 per equity share of face value INR 1 each for the year ended March and convened the 107th annual general meeting on Aug. 7. 

 

On Thursday, its shares closed 0.5% higher at INR 5,814.00 on the National Stock Exchange.  End

 

Edited by Avishek Dutta

 

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