Britannia Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Britannia Industries Ltd reported a 13.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.7%.
• Its expenses for the quarter were up by 17.3% QoQ and 10.4% YoY.
• The net profit decreased 3.1% QoQ and increased 3.0% YoY.
• The earnings per share (EPS) of Britannia Industries Ltd stood at 21.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Britannia Industries Ltd is a prominent player in the Indian food industry, primarily known for its wide range of bakery products, including biscuits, bread, and cakes. The company has established itself as a household name, offering popular brands like Good Day, Marie Gold, and Bourbon. Britannia also extends its product portfolio to dairy products, providing cheese, milk, and yogurt under its brand umbrella. As part of the broader fast-moving consumer goods (FMCG) sector, Britannia benefits from a vast distribution network that facilitates widespread reach across urban and rural markets in India. Recent developments, if available, are not explicitly stated in the provided data.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Britannia Industries Ltd reported a total income of ₹4679.23 crores. This signifies a quarter-over-quarter (QoQ) increase of 13.4% from ₹4126.70 crores in the previous quarter (Q4FY25). On a year-over-year (YoY) basis, the total income has risen by 8.7% from ₹4305.90 crores in Q1FY25. The revenue growth is indicative of the company's ability to maintain upward momentum across fiscal periods, although specific factors contributing to this increase are not detailed in the data provided.

Profitability

The company's profitability metrics for Q1FY26 show a mixed performance. The profit before tax (PBT) was ₹705.87 crores, reflecting a QoQ decline of 4.4% from ₹738.42 crores in Q4FY25. However, it marks a YoY increase of 3.5% from ₹681.75 crores in Q1FY25. The tax expense for the quarter stood at ₹180.89 crores, which is an 8.6% decrease QoQ and a 2.7% increase YoY. Consequently, the profit after tax (PAT) for Q1FY26 was ₹520.13 crores, showing a 3.1% decline QoQ from ₹536.61 crores but a 3.0% increase YoY from ₹504.88 crores. Earnings per share (EPS) followed a similar trend, with a QoQ decrease of 3.6% to ₹21.60, while showing a 2.9% increase YoY.

Operating Metrics

Examining the operating metrics for Britannia Industries Ltd, total expenses for Q1FY26 increased to ₹3973.36 crores, marking a substantial QoQ rise of 17.3% from ₹3388.28 crores in Q4FY25 and a 10.4% increase YoY from ₹3599.51 crores in Q1FY25. This increase in expenses has impacted the company's profit margins, as evidenced by the decline in profit before and after tax on a sequential basis. The data does not provide specific details on cost components or operational strategies that might have contributed to these expense trends. However, the changes in key metrics reflect the company's operational adjustments in response to market conditions.