Going ahead, the company eyes protecting margins amidst a heightened competitive landscape across product categories
Driven by double-digit growth across its four focus states and in adjacent bakery categories such as rusk, wafers, and croissant, Britannia, a packaged foods major, has seen its sales grow 9.8 per cent year-on-year (YoY) in the first quarter of the current financial year (Q1FY26).
The company’s revenue from operations rose to Rs 4,622.22 crore during the recently concluded quarter from Rs 4,250.29 crore in Q1FY25. The company’s net profit also marked an uptick of 3 per cent YoY to reach Rs 520.13 crore in Q1FY26 from Rs 504.88 crore in Q1FY25.
“Our performance during the quarter underscores the effectiveness of our focused execution strategy, which entailed maximising value from existing outlets, enabling more agile servicing to key stores, and driving operational efficiencies across our extensive distribution network, leading to a growth of around 10 per cent in sales along with robust double-digit growth across our four focus states and in adjacent bakery categories such as rusk, wafers, and croissant,” highlighted Varun Berry, Executive Vice-Chairman, Managing Director, Britannia.
Marginal uptick in consumption across both urban and rural markets, underpinned by moderating inflation, helped the company to go back to double-digit growth after the last few periods, Berry noted. The total expenses of the company also rose to Rs 3,973.36 crore in Q1FY26 from Rs 3,599.51 crore in the corresponding period of the previous fiscal year (Q1FY25).
As the year progresses, the company’s focus will remain on sustaining a healthy growth trajectory while protecting margins amidst a heightened competitive landscape across product categories. He added that Britannia aims to further reinforce its market leadership through continued investments in brand building and innovations.
