Britannia Share Price Falls To Five-Month Low After Q2 Profit Dip

Britannia Industries posted a profit of Rs 531.6 crore in the quarter ended September.

Britannia's share price fell as much as 4.08% to Rs 5,213 apiece. (Photo source: Britannia Industries/X)

Shares of Britannia Industries Ltd. slipped 4% in early trade on Tuesday after the biscuit-maker posted a 9% fall in consolidated net profit for the quarter ended September, missing street expectations.

The Kolkata-based company posted a profit of Rs 531.6 crore in the second quarter of fiscal 2025, according to an exchange filing on Monday. Analysts tracked by Bloomberg had a consensus estimate of Rs 630 crore.

Britannia Q2 FY25 Earnings Highlights (Consolidated, YoY)

  • Revenue up 5.3% to Rs 4,667.6 crore versus Rs 4,432.9 crore (Bloomberg estimate: Rs 4,769 crore).

  • Net profit down 9% to Rs 531.6 crore versus Rs 586.5 crore (Estimate: Rs 630.4 crore).

  • Ebitda down 10% to Rs 783.4 crore versus Rs 872.4 crore (Estimate: Rs 894.6 crore).

  • Margin narrows to 16.8% versus 19.7% (Estimate: 18.80%).

Also Read: Jubilant FoodWorks Share Price At Over One-Month High As Analysts See Bright Spots In Q2 Results

Britannia Industries Share Price Today

The scrip fell as much as 4.08% to Rs 5,213 apiece, the lowest level since June 4, 2024. It pared losses to trade 1.36% lower at Rs 5,259.95 apiece, as of 09:57 a.m., compared to a 0.01% advance in the NSE Nifty 50.

It has risen 0.28% on a year-to-date basis. Total traded volume so far in the day stood at 1.44 times its 30-day average. The relative strength index was at 30.14.

Out of 38 analysts tracking the company, 19 maintain a 'buy' rating, 12 recommend a 'hold', and seven suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 12.4%.

Also Read: Stock Market Today: Nifty, Sensex End Over 1% Down HDFC Bank & SBI Share Prices Drag

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WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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