Britannia Q1 net profit up 14% as e-commerce, general trade drive growth; misses estimates

Biscuits maker Britannia Industries Ltd on Thursday (August 6) reported a consolidated net profit of ₹591.4 crore for the first quarter of FY27, up 13.6% from ₹520.1 crore in the corresponding period last year.

Revenue from operations increased 8.2% year-on-year to ₹5,000 crore from ₹4,622.2 crore in Q1 FY26.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 11% to ₹840 crore, compared with ₹757 crore in the year-ago quarter. EBITDA margin stood at 16.8% in Q1 FY27, compared with 16.4% in the corresponding period last year.

The company's net profit was below the CNBC-TV18 poll estimate of ₹606 crore. Revenue was marginally above the poll expectation of ₹4,994 crore, while EBITDA came in lower than the estimate of ₹870 crore. EBITDA margin was below the poll estimate of 17.4%.

ALSO READ | Britannia shares fall 5%, among top broader market losers after Q4 earnings miss

Britannia Industries said its consolidated sales for the quarter ended June 30, 2026 stood at ₹4,964 crore, registering a growth of 9.5% compared with the same period last year.

The company’s consolidated net profit stood at ₹593 crore, up 14.1% year-on-year. Standalone sales for the quarter increased 10% compared with the corresponding period last year.

Rakshit Hargave, Chief Executive Officer and Managing Director, said, "The year started with West Asia conflict, leading to a steep increase in cost of fuel and shipment charges across our domestic & international businesses, which we’ve been able to navigate well during this quarter delivering a healthy volume and value growth while also gaining ground against competition, with profits growing ahead of topline in doubledigit over last year.

Most key categories saw positive sequential momentum as we exited the quarter with mid-teens revenue growth, anchored by rapid scaling in e-commerce and robust growth in General Trade, aided by higher
advertisement, influencers & promotion spends.

ALSO READ | Britannia says operations unaffected by industrial gas supply concerns

We continued to elevate brand salience through high-impact, topical mass media campaigns—such as Marie Gold for Tea Day, NutriChoice for Health Day, and Little Hearts for Mother’s Day. At the same time, localised activations to win in “Many Indias” like the Milk Bikis Thirukkural campaign in Tamil Nadu significantly deepened our regional consumer engagement.

Innovation remains a key growth engine, with impulse and indulgent offerings—like our Dubai Kunafa Croissant—further strengthening our portfolio. Our Business also recovered sequentially as supply chain constraints began normalising in the last part of the quarter.

While we continue to closely monitor the evolving geopolitical situation in West Asia and crude oil volatility for potential impact on international operations and domestic input costs, we will remain agile in our actions to deliver healthy, sustainable revenue growth amidst an improving domestic demand environment, driven by sharp innovation, strong brand investments, and disciplined margin management through accelerated cost efficiency initiatives."

Shares of Britannia Industries Ltd ended at ₹5,430.00, down by ₹14.00, or 0.26%, on the BSE.

ALSO READ | FMCG companies may finally be seeing a demand revival. Here's what to expect this earnings season