Britannia Shares Jump on Strong Profit Growth

Britannia Industries’ shares surged nearly 5% after the company reported a 13.4% increase in quarterly net profit and projected stronger domestic demand. The biscuit maker said steady consumer spending and healthy volume growth helped it navigate rising commodity costs and supply chain challenges.

The company reported quarterly net profit of ₹5.91 billion, while revenue rose 8.2% to ₹50 billion. Britannia also implemented cost-saving measures such as packaging optimisation, procurement efficiencies, reduced wastage, and greater use of renewable energy to offset rising fuel and raw material costs.

The upbeat earnings and positive demand outlook boosted investor confidence, with analysts maintaining optimistic ratings. Brokerages highlighted improving domestic demand, market share gains, and easing supply chain constraints as key factors expected to support Britannia’s future growth.

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