Copyright thehindubusinessline
Biscuit-maker Britannia has reported a growth in its net profit by 23 per cent year-on-year (y-o-y) at ₹655 crore for Q2FY26. The consolidated sales were at ₹4,752 crore, up by 4.1 per cent. The growth was attributed to relatively stable commodity prices and sustained efforts to optimise costs across the value chain, said the company. The company has noticed some transitional challenges from the GST-related changes in the supply chain, trade, and channels which have had a short-term impact on business during the latter part of the quarter, which is expected to get normalised progressively in the coming quarter, said Varun Berry, Executive Vice-Chairman, Managing Director & Chief Executive Officer. The revenues during the quarter grew by 4.1 per cent. This was below analyst expectation who projected a revenue growth of 6.8 per cent. bsinessline earlier reported that Yes Securities has projections for Britannia’s revenue to grow by 6.8 per cent, driven by earlier price hikes and double-digit EBITDA growth y-o-y. Bakery categories The adjacent bakery categories of Rusk, Wafers, and Croissants continued to deliver double-digit growth for consecutive quarters despite the transitional 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, the company anticipates healthy volume-led growth as it strengthens its presence across different geographies with regional-consumer centric product and distribution strategies, price competitiveness. The company also announced the appointment of 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. His appointment will be effective from December 15, 2025. Published on November 5, 2025
