Britannia Industries reported a 21.2 per cent rise in fourth-quarter net profit to Rs 678 crore, driven by revenue growth, even as higher freight and fuel costs weighed on margins and international business performance
FMCG major Britannia Industries reported a 21.2 per cent year-on-year rise in consolidated net profit for the March quarter of FY26 at Rs 678 crore, compared with Rs 560 crore in the corresponding period last year.
The company’s consolidated revenue from operations grew 6.5 per cent to Rs 4,719 crore in Q4FY26, up from Rs 4,432 crore recorded in the same quarter of the previous financial year.
Britannia’s earnings before interest, tax, depreciation and amortisation (Ebitda) increased 5.9 per cent to Rs 853 crore during the quarter from Rs 805 crore a year earlier. However, Ebitda margin narrowed marginally to 18.1 per cent from 18.2 per cent in Q4FY25.
The company said its international business faced pressure during the quarter due to vessel shortages, weaker demand conditions, and a steep increase in fuel as well as ocean freight expenses. It added that industrial fuel supply constraints did not materially affect production operations at its manufacturing facilities in India.
To address rising costs and supply chain challenges, Britannia said it has started implementing calibrated price increases from Q1FY27. The company also noted that it is optimising sourcing between domestic and overseas manufacturing units for key markets while stepping up cost-efficiency and optimisation measures across operations.
The board of the company has recommended a final dividend of Rs 90.50 per equity share with a face value of Rs 1 each for the financial year ended 31 March 2026.
Following the earnings announcement, shares of Britannia Industries declined nearly 5 per cent and settled at Rs 5,516 on the NSE. The decline came after the company flagged higher freight expenses linked to the ongoing Middle East conflict and indicated price hikes going forward.
