Britannia (BRITANNIA) — Financial Results

Britannia Industries reported 4.1% revenue growth and 23.1% net profit growth in Q2 FY2025-26, with operating margins expanding to 18.3%. GST rate reduction from 18% to 5% (effective October 22) impacted 85% of business by 2-2.5% revenue but enabled 6-6.5% adjusted growth with 7-8% pricing gains. Management targets double-digit growth driven by market share gains from improved competitor compliance. Key launches include Pure Magic chocolate, NutriChoice millet cookies, and Tiger Doodh relaunch, with adjacency businesses (Croissant, Rusk, Wafers) showing strong double-digit growth.

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About Britannia Industries Limited (BRITANNIA)

Fast Moving Consumer Goods · Food Products · Listed on NSE

Market Cap: ₹1,30,213.4 Cr P/E: 53.9 ROE: 55.5% ROCE: 60.6%

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