Britannia Industries , a leading food products company in India, has reported a robust financial performance for the recent quarter. The company's consolidated net profit increased by 23% year-on-year to ₹6.50 billion, showcasing strong bottom-line growth.

Financial Highlights

For the quarter, Britannia Industries recorded:

• Revenue from operations of ₹48.40 billion, a 3.7% increase from ₹46.67 billion in the same quarter last year
• Consolidated net profit of ₹6.50 billion, up from ₹5.30 billion in the corresponding period of the previous year
• EBITDA of ₹9.60 billion, up from ₹7.84 billion in the same period last year
• EBITDA margin improved to 19.73% compared to 16.8% year-over-year

Performance Analysis

Britannia Industries' financial results demonstrate solid performance:

• The 23% year-on-year increase in consolidated net profit indicates improved profitability
• The 3.7% growth in revenue suggests steady market demand for the company's products
• The significant rise in EBITDA and improvement in EBITDA margin reflect enhanced operational efficiency and profitability

These results reflect Britannia Industries' ability to maintain its market position and profitability in the competitive food products industry.

Conclusion

Britannia Industries continues to demonstrate resilience and growth. The company's significant increase in net profit, steady revenue growth, and improved EBITDA performance reflect its strong market presence and effective operational strategies in the food products sector.

Britannia Industries , a leading Indian food company, has announced a significant change in its top leadership. The company's Board of Directors has approved the appointment of Rakshit Hargave as the new Chief Executive Officer (CEO), effective from December 15, 2025. This strategic move comes as part of Britannia's efforts to strengthen its executive team and drive future growth.

Key Details of the Appointment

Leadership Transition

Hargave's appointment follows the departure of Rajneet Singh Kohli in March 2025. Since then, Varun Berry, the Managing Director and Chairman of Britannia Industries, has been serving as the interim CEO. With Hargave's induction, Berry will continue in his role as Managing Director and Chairman, with the new CEO reporting directly to him.

Rakshit Hargave's Professional Background

Hargave brings a wealth of experience in the consumer industry, both in India and internationally. His career highlights include:

• CEO of Birla Opus, the paints venture of Aditya Birla Group
• Head of operations for Beiersdorf (makers of NIVEA) in ASEAN and ANZ regions
• Head of Africa operations and Managing Director of Nivea India
• Sales and Marketing Director at Hindustan Unilever
• Chief Operating Officer at Lakme Lever
• Successful launch of Domino's Pizza 30-minute delivery guarantee model at Jubilant Foodworks

Educational Background

Hargave has also been recognized with the Distinguished Young Alumni Award from IIT Varanasi.

Implications for Britannia Industries

The appointment of Rakshit Hargave as CEO is a strategic move for Britannia Industries. His extensive experience in the consumer goods sector, coupled with his track record of successful leadership in various multinational companies, positions him well to lead Britannia's next phase of growth and innovation.

As Britannia Industries prepares for this leadership transition, shareholders will have the opportunity to approve Hargave's appointment through a postal ballot, details of which will be circulated in due course.

The company's decision to bring in a leader with diverse industry experience signals its commitment to maintaining its competitive edge in the fast-evolving consumer goods market. Stakeholders will be keenly watching how Hargave's leadership will shape Britannia's strategies and market position in the coming years.