Britannia Industries reported a consolidated net profit of ₹593.38 crore for the quarter ended 30 June 2026, marking an increase from ₹520.13 crore recorded in the corresponding quarter of the previous year. Total consolidated revenue from operations rose to ₹4,999.97 crore, compared to ₹4,622.22 crore in the year-ago period. EBITDA for the quarter came in at ₹8.66B rupees versus ₹7.57B in the year-ago period, with the EBITDA margin expanding to 17.33% from 16.38% YoY. The Board of Directors approved the unaudited consolidated and standalone financial results on 6 August 2026, with statutory auditors Walker Chandiok & Co LLP issuing an unmodified limited review report on the same.

Consolidated Financial Performance

Britannia Industries delivered a steady improvement in its consolidated financials. Total income, including other income of ₹61.41 crore, stood at ₹5,061.38 crore for the quarter, up from ₹4,679.23 crore in the prior year quarter. Profit before tax came in at ₹797.35 crore versus ₹701.02 crore in the year-ago quarter. Total comprehensive income for the quarter was ₹599.20 crore, compared to ₹521.10 crore in the same period last year.

The following table summarises the key consolidated financial metrics:

EBITDA and Margin Performance

Britannia's operational profitability showed meaningful improvement on a year-on-year basis. EBITDA for the quarter stood at ₹8.66B rupees, compared to ₹7.57B in the corresponding period of the previous year, against an estimate of ₹8.7B. The EBITDA margin expanded to 17.33% from 16.38% in the year-ago quarter, versus an estimate of 17.4%. Revenue for the quarter came in at ₹50B rupees compared to ₹46.22B in the prior year period, against an estimate of ₹49.94B. Consolidated net profit was ₹5.91B rupees versus ₹5.21B in the year-ago quarter, against an estimate of ₹6.06B.

Consolidated Expense Breakdown

On the cost side, total consolidated expenses for the quarter stood at ₹4,262.24 crore, compared to ₹3,973.36 crore in the year-ago quarter. Cost of materials consumed was the largest expense component at ₹2,799.56 crore, up from ₹2,550.87 crore a year ago. Other expenses rose to ₹1,025.31 crore from ₹864.21 crore in the year-ago quarter. Employee benefits expense was ₹209.60 crore versus ₹241.86 crore in the prior year quarter, while depreciation and amortisation expense stood at ₹79.51 crore. Finance costs for the quarter were ₹22.87 crore.

Standalone Financial Performance

On a standalone basis, Britannia Industries posted net profit of ₹576.38 crore for the quarter ended 30 June 2026, compared to ₹498.27 crore in the year-ago quarter. Standalone total revenue from operations grew to ₹4,833.50 crore from ₹4,452.74 crore in the prior year quarter. Profit before tax on a standalone basis was ₹778.90 crore, up from ₹674.20 crore in the corresponding quarter of the previous year. Total standalone comprehensive income for the quarter stood at ₹576.38 crore versus ₹498.27 crore a year ago.

Key Notes and Regulatory Disclosures

Several notable items were disclosed alongside the quarterly results. The Government of India notified the New Labour Codes with effect from 21 November 2025, consolidating multiple existing labour legislations into a unified framework. As a result of the unified definition of "Wages" introduced under these codes, the Group recognised ₹48.56 crore as past service cost during the year ended 31 March 2026 towards increased liability for gratuity and compensated absences; the standalone entity recognised ₹46.46 crore on the same account. Additionally, consequent to receipt of approval from one of the State Governments, an amount of ₹45.72 crore relating to the period April 2024 to September 2025 was recognised as fiscal incentive income during the year ended 31 March 2026. Current tax for the quarter and year ended 31 March 2026 included a reversal of provision (net) of ₹95.39 crore pursuant to receipt of certain favourable orders relating to income tax litigations of past years.

The operating segment of the Group is identified as "Foods", as the Chief Operating Decision Maker reviews business performance at an overall Group level as one segment. The unaudited consolidated and standalone financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors on 6 August 2026. The results were prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Britannia Industries Limited has appointed Siddharth Parakh as Head - Strategy & Business Development, effective August 3, 2026. The Board of Directors approved the appointment on August 2, 2026, based on the recommendation of the Nomination and Remuneration Committee. This leadership addition signals the company’s focus on strengthening its strategic planning and business development capabilities through experienced talent in mergers and acquisitions (M&A) and capital allocation.

The appointment was formalized via a circular resolution passed by the Board at 5:55 P.M. IST on August 2, 2026. The disclosure was made pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations, 2015'). The filing also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Appointment Details

Parakh assumes a full-time role within the organization’s senior leadership structure. His appointment aims to leverage his extensive background in corporate strategy and investment banking to drive future growth initiatives for Britannia Industries.

Professional Background

Siddharth Parakh brings over 13 years of diverse experience in Corporate Strategy, M&A, Investments, and Capital Allocation. Prior to joining Britannia Industries, he served in the Group CFO & Group Strategy Office at Tata Sons for 4.5 years. During his tenure at Tata Sons, he worked on Strategic Initiatives, Investments, and M&A across the Tata Group of Companies.

Before joining the Tata Group, Parakh worked as an Assistant Vice President in the investment banking team at Edelweiss (Nuvama). In this role, he advised Indian and global clients on M&A, Corporate Finance, and Fund Raising activities across several sectors, including consumer, new age businesses, information technology, and healthcare. He has also advised on Corporate Finance and several Marquee Transactions with organizations such as MAPE Advisory Group, Grant Thornton, and PwC.

Parakh is a Chartered Accountant and a Company Secretary. He holds a Post Graduate Diploma in Management (PGDM) from S. P. Jain Institute of Management & Research, Mumbai, and has pursued the Advanced International Finance Program from Cornell University, New York. He was recognized with the Economic Times Young Leader Award, honoring India's emerging business leaders.