Britannia Industries announced its financial results for the third quarter of the financial year 2025-26 (Q3’26), ending December 31, 2025. The company recorded a 9.5% growth in Revenue from Operations, reaching Rs 4,885 Crore. Profit After Tax (Owner’s Share) stood at 13.9% of Revenue, marking a 16.9% growth year-over-year. The presentation also highlighted strong strategic progress across key priorities, including innovation and supply chain efficiencies.
Q3 FY26 Performance Scorecard
For the third quarter ending December 31, 2025 (Q3’26), Britannia Industries demonstrated robust performance. Revenue from Operations reached Rs 4,885 Crore, reflecting a 9.5% growth compared to Q3’25. In terms of profitability, Profit After Tax (Owner’s Share) stood at 13.9% of Revenue, growing by 16.9% against the previous year’s corresponding quarter.
Looking at year-to-date figures (YTD Dec’25), Net Sales were Rs 14,172 Crore, growing by 7.7%. The Profit after Tax margin for the YTD period improved to 13.1%, up 14.6% year-over-year, indicating healthy operational leverage.
Historical Financial Trends
Analysis of key financial lines shows consistent margin expansion over the past few years. The Profit after Tax % (Owner’s Share) for Q3’26 was 13.9%, an improvement from 12.4% in FY 24-25 and 11.5% in Q1’26. For the YTD period ending December 2025, the PAT margin reached 13.1%, the highest level recorded in the last five reported years in the provided table.
Commodity Input Cost Movements
The company benefited from favorable commodity pricing, partly due to strategic covers. Compared to Q2’26, the price of Refined Palm Oil saw a 3% decrease, and Cocoa dropped by 3%. While Sugar prices increased by 1% over Q2’26, the overall input cost environment remained manageable, with strategic covers ensuring costs were lower than market prices.
Driving Strategic Priorities
Britannia detailed five key strategic pillars guiding its operations:
- 01: Efficiencies in Sales, Distribution & Supply Chain.
- 02: Elevate Brand Experiences & Investments, evidenced by ramped-up media for brands like Nutri Choice (featuring Aamir Khan), Little Hearts, and Good Day ‘Crafted’.
- 03: Driving Innovation, Adjacencies & Future Platforms. Innovations showcased include the 50-50 Dipped Range and ‘Veg’ variants of Fudge It Brownie and Layerz. Adjacency businesses like Cake, Rusk, Croissant & Wafers all grew double-digit during the quarter.
- 04: Focused Intervention to fight Regional competitors.
- 05: Sustainability.
ESG Milestones
Progress on ESG KPIs as of Q4’25 highlights commitment to sustainability. The company achieved a ~5.7% reduction in specific water consumption and a ~2% increase in the women factory workforce. Furthermore, the Britannia Nutrition Foundation (BNF) beneficiaries increased by 27%, and the company sustained a ‘B’ rating in CDP for Climate Change & Water Security themes.
Source: BSE
