Britannia Q3 profit climbs by 4.8% y-o-y to ₹582 cr
Bengaluru- headquartered biscuit-maker Britannia Industries has reported 4.8 per cent year-on-year (YoY) increase in consolidated net profit for the quarter ended December 31 at ₹582 crore.
Consolidated sales for the quarter stood at ₹4,463 crore, up by 6.5 per cent from the corresponding period last year.
Commenting on the quarter performance, Varun Berry, Vice Chairman & Managing Director said, “Despite subdued demand across FMCG categories and rising competitive pressures, both value and volume grew by nearly 6 per cent y-o-y . Inflation in key input materials such as wheat, palm oil, and cocoa remains on an upward trajectory. However, we mitigated these cost pressures through strategic price adjustments, focused brand investments, and fixed cost leverage, enabling us to sustain operating margins while maintaining competitiveness.”
Britannia expanded its distribution network, now directly reaching approximately 29 lakh outlets nationwide. The company’s focus states outpaced other regions, achieving more than double the growth during the quarter, driven by partnerships with 31,000 rural distributors.
For the nine-month period (9MFY25) the consolidated sales stood at ₹13,159 crore, reflecting 5 per cent YoY growth, while net profit was up by 1.3 per cent at ₹1,619 crore.
The shares of the company closed at Rs 4,972.30, up by 0.83 per cent on the BSE.
Post Comment