Britannia Q2 FY26 Results

Consolidated net profit grows 23% to ₹655 crore on stable commodity prices

₹ 5,892
+1.24% increased
04 Nov - close price as on 3:30 pm

Press Release

Britannia's Consolidated Sales for the quarter grew 4% while Net profit grew 23%

Mumbai, November 5th, 2025: Britannia's Consolidated Sales for the Quarter ended 30th September 2025 stands at Rs 4,752 Crores, growing 4.1% and Net Profit stands at Rs 655 Crores, growing 23% on a year-on-year basis.

Key Financial Highlights (Q2 FY26 - Consolidated)

Revenue from Operations
₹4,841 Cr
+3.7% YoY
Sale of Goods
₹4,752 Cr
+4.1% YoY
Net Profit
₹655 Cr
+23.2% YoY
EPS (Basic)
₹27.17
Per Share

Management Commentary

Mr. Varun Berry, Executive Vice-Chairman, Managing Director & CEO

"Our Revenue during the quarter registered a reasonable growth of 4.1% with the profits growing by 23.2%, driven by relatively stable commodity prices and sustained efforts to optimise costs across the value chain. The recent GST rate rationalization announced by the Government is a welcome step towards stimulating consumer demand and uplifting the overall economic sentiment in the country."

"However, transitional challenges arising from the GST-related changes in Supply Chain, Trade and Channels had a short-term impact on business during the latter part of the quarter, which is expected to get normalized progressively in the coming quarter."

"The adjacent bakery categories of Rusk, Wafers, and Croissants continued to deliver double-digit growth for consecutive quarters despite the transitionary headwinds, driven by strong momentum in the e-commerce channel - also aiding the in-home consumption of our indulgent and impulse product range of Fudge It Cakes, Pure Magic Stars and Tarts, Jim Jam, Little Hearts amongst others."

"Looking ahead, we aim to drive the business through healthy volume-led growth as we continue to strengthen our presence across different geographies with regional-consumer centric product and distribution strategies, price competitiveness while leveraging our brand strength to sustain market leadership amidst the proliferation of multiple local players in different states and regions."

New Appointment

The Company is pleased to announce that the Board of Directors of the Company, at their meeting held today, i.e 5th November 2025, have approved the appointment of Mr. Rakshit Hargave as an Additional Whole-Time Director and Chief Executive Officer, designated as Executive Director and Chief Executive Officer of the Company for a term of 5 years, subject to the approval of Members of the Company. His appointment shall be effective from the date of his joining the Company on 15th December 2025.

Financial Performance Analysis

Quarterly Performance Comparison (Consolidated)

Financial Metric Q2 FY26 Q2 FY25 YoY Change
Sale of Goods (₹ Cr) 4,752 4,566 +4.1%
Total Revenue (₹ Cr) 4,841 4,668 +3.7%
Net Profit (₹ Cr) 655 532 +23.2%
EPS (₹) 27.17 22.06 +23.2%

Detailed Financial Results

Consolidated Financial Results (₹ in Crores)

Particulars Q2 FY26 Q2 FY25 H1 FY26 H1 FY25
Revenue from operations 4,840.63 4,667.57 9,462.85 8,917.86
Sale of goods 4,752.17 4,566.23 9,287.03 8,696.15
Other operating revenues 88.46 101.34 175.82 221.71
Total Income 4,892.74 4,713.57 9,571.97 9,019.47
Total Expenses 4,005.84 3,994.87 7,979.20 7,594.38
Profit before tax 883.62 715.15 1,584.64 1,396.25
Net profit 655.06 531.55 1,175.19 1,036.43
EPS (Basic) ₹ 27.17 22.06 48.79 43.06

Performance Summary: Britannia Industries delivered steady performance in Q2 FY26 with 4.1% growth in sales and impressive 23.2% growth in net profit, demonstrating effective cost management and operational efficiency. The company navigated transitional challenges from GST changes while maintaining profitability. The appointment of a new CEO signals strategic continuity and focus on sustained growth in the competitive FMCG sector.

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Disclaimer

This article is for educational purposes only and does not constitute investment advice. The financial data and analysis mentioned are based on company filings and market observations. Always verify current information from official sources before investing. Stock market investments carry risks including liquidity risk, volatility, and capital loss risk. Always do your own research and consider consulting with a qualified financial advisor before making investment decisions. Past performance is not indicative of future results.