Britannia Industries' Q1 FY 2026-27 Quarterly Results

Result Summary

• Britannia Industries Ltd reported a 6.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 8.2%.
• Its expenses for the quarter were up by 7.4% QoQ and 7.3% YoY.
• The net profit decreased 12.7% QoQ and increased 14.1% YoY.
• The earnings per share (EPS) of Britannia Industries Ltd stood at 24.55 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Britannia Industries Ltd is a leading player in the Indian food industry, primarily known for its wide range of bakery products such as biscuits, bread, cakes, and dairy products. As a household name, Britannia has established a strong brand presence over the decades. Its product portfolio spans across various categories, including biscuits under brands like Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold, among others. The company also has a significant presence in the dairy segment with products like cheese, milk, and yogurt. Britannia's market strategy focuses on innovation, quality, and expanding its distribution network to reach a broad consumer base. Recent developments include efforts to enhance production capacity and expand into new product lines and markets. However, specific recent major developments are not available within the provided data.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Britannia Industries Ltd reported total income of ₹5061.38 crores. This marks a quarter-over-quarter (QoQ) increase of 6.0% from ₹4774.37 crores in Q4FY26. Year-over-year (YoY), the total income grew by 8.2% compared to ₹4679.23 crores in Q1FY26. This consistent revenue growth over both the quarters and the year suggests a positive trend in the company's income generation capabilities. The revenue figures reflect the company's continued efforts in market penetration and product innovation, maintaining its stronghold in the competitive food industry.

Profitability

For Q1FY27, Britannia Industries Ltd's profit before tax stood at ₹799.14 crores, representing a slight QoQ decline of 0.7% from ₹804.41 crores in Q4FY26. However, there was a notable YoY growth of 13.2% compared to ₹705.87 crores in Q1FY26. The tax expense for Q1FY27 was reported at ₹203.97 crores, which is a significant QoQ increase of 93.5% from ₹105.43 crores in Q4FY26, and a 12.8% increase YoY from ₹180.89 crores in Q1FY26. Consequently, the profit after tax for Q1FY27 was ₹593.38 crores, showing a QoQ decline of 12.7% from ₹679.68 crores in Q4FY26, but a YoY increase of 14.1% from ₹520.13 crores in Q1FY26. The earnings per share (EPS) for Q1FY27 was ₹24.55, down 12.8% QoQ from ₹28.16 in Q4FY26, and up 13.6% YoY from ₹21.62 in Q1FY26. These figures reflect mixed profitability results, with an overall increase in profitability on a yearly basis despite quarterly variations.

Operating Metrics

Total expenses for Britannia Industries Ltd in Q1FY27 were ₹4262.24 crores, which indicates a QoQ increase of 7.4% from ₹3969.96 crores in Q4FY26, and a YoY increase of 7.3% from ₹3973.36 crores in Q1FY26. The increase in expenses aligns with the growth in total income, maintaining a balance between revenue generation and cost management. The company's focus on operational efficiency and cost management is evident in its ability to sustain growth in total income alongside rising expenses. The operating metrics highlight Britannia's strategic initiatives to optimize its production and distribution processes while managing cost escalations effectively.