Britannia Industries reported a solid second quarter for FY26, posting a 23 percent year-on-year rise in consolidated net profit at ₹655 crore, driven by stable commodity prices and continued cost discipline. The maker of Good Day and Marie Gold biscuits had reported a profit of ₹532 crore in the same period last year.
Revenue from product sales increased 4 percent to ₹4,752 crore, while total income rose 3.8 percent to ₹4,893 crore in the September quarter, compared to ₹4,668 crore in the year-ago period. Total expenses remained largely unchanged at ₹4,006 crore, reflecting the company’s focus on operational efficiency.
Britannia’s Vice Chairman and Managing Director, Varun Berry, said the company delivered “reasonable growth” in revenue alongside a healthy expansion in profit margins, supported by relatively stable input costs and sustained optimization efforts across its value chain.
He added that the government’s recent GST rate rationalisation is a positive step for consumer demand and broader market sentiment. However, he acknowledged that transitional challenges following the tax changes, particularly around supply chain and trade adjustments, temporarily affected business performance during the latter part of the quarter. These effects, he said, are expected to ease in the coming months.
Despite these short-term headwinds, Britannia’s adjacent bakery categories — including rusk, wafers, and croissants — continued to record strong double-digit growth. The company also saw momentum in its e-commerce channel, which boosted sales of indulgent and on-the-go products.
For the first half of FY26, Britannia’s total income rose 6 percent to ₹9,572 crore. Looking ahead, the company said it will focus on driving volume-led growth, expanding its reach across regions with localized strategies, and maintaining price competitiveness while leveraging its brand strength to stay ahead in an increasingly fragmented market.
