Britannia Industries delivered a strong financial performance in Q3FY26, demonstrating robust growth across key metrics. The company's consolidated sales and profit figures reflect sustained momentum in both core biscuit business and adjacent categories, supported by strategic investments and product innovations.

Financial Performance Overview

The company's quarterly and nine-month results showcase consistent growth trajectory across revenue and profitability metrics:

Business Performance Drivers

According to Managing Director & Chief Executive Officer Mr. Rakshit Hargave, the consolidated revenue growth of 9.5% during the quarter, with profits growing faster at 17%, underscores a return to healthy growth patterns. This performance was driven by strong momentum across both the biscuits and adjacent categories, alongside a relatively stable commodity environment.

The biscuit industry continues to stabilize price points following the GST rate reduction. Despite this transition period, the business demonstrated strong recovery with approximately 12% growth in November and December 2025.

Strategic Initiatives and Product Innovation

Britannia Industries has implemented several strategic initiatives to drive growth:

• Media Investments: Sustained investments in media to strengthen brand visibility
• Product Portfolio Enhancement: Introduction of innovations such as the 50-50 Dipped range
• Market Expansion: Catering to wider consumer base with new offerings
• Product Diversification: Launch of 'Veg' cake variants and 'Doodh' Marie Gold

Future Outlook

The company remains focused on building a stronger 'Britannia' brand through elevated brand experiences and sustained investments. The strategy includes distinctive and localized product innovations designed to address diverse demographic and cultural preferences across the country. This approach aims to strengthen the company's market position while expanding its consumer reach through targeted product development.

Britannia Industries Limited has announced the resignation of its Company Secretary and Compliance Officer, T.V. Thulsidass, effective February 5, 2026. The resignation, submitted due to personal reasons, marks the end of Thulsidass's tenure that began on October 15, 2018.

Resignation Details

Thulsidass formally submitted his resignation letter on November 8, 2025, addressing the Board of Directors and requesting relief from his duties upon completion of his contractual notice period. The company confirmed his relief from services with effect from close of business hours on February 5, 2026.

Impact on Key Positions

Following his resignation, Thulsidass will cease to hold multiple key positions within the organization. He will no longer serve as the Nodal Officer appointed under Section 125 of the Companies Act, 2013, responsible for verification of claims and coordination with the IEPF Authority. Additionally, his authorization as Key Managerial Personnel for determining materiality of events and making regulatory disclosures under SEBI Listing Regulations will also end.

Updated Authorization Structure

The company has provided updated details of Key Managerial Personnel authorized for regulatory disclosures under Regulation 30 of SEBI Listing Regulations, 2015:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Clause 7C of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015. The disclosure was signed by N. Venkataraman, Executive Director and Chief Financial Officer, ensuring compliance with regulatory requirements for key personnel changes.

In his resignation letter, Thulsidass expressed gratitude to the Chairman, Directors, and Senior Management for their support and cooperation during his tenure as Company Secretary, Compliance Officer, Key Managerial Personnel, and Nodal Officer of the company.