Britannia Industries Q1 Results: Profit Rises But Misses Estimates

Britannia Industries Ltd. reported a 3% increase in its Q1 FY26 net profit, while revenue of the FMCG company has gone up 8.8%.

The biscuit maker has reported a consolidated bottom line of Rs 520.72 crore, according to an exchange filing on Tuesday. It has missed Bloomberg analysts' consensus estimate of Rs 568.95 crore.

• Revenue up 8.8% to Rs 4,622.22 crore versus Rs 4,250.29 crore (Estimate: Rs 4,610.9 crore).

• Net profit up 3% to Rs 520.72 crore versus Rs 505.64 crore (Estimate: Rs 568.95 crore).

• Ebitda flat at Rs 757.05 crore versus Rs 753.66 crore (Estimate: Rs 814.5 crore).

• Margin at 16.4% versus 17.7% (Estimate: 17.67%).

Shares of Britannia settled 2.62% lower at Rs 5,787 apiece on the National Stock Exchange before the announcement, compared to a 0.30% decline in the benchmark Nifty. The share price has risen 18.32% in the last 12 months but fallen 1.10% on a year-to-date basis.

Out of the 39 analysts tracking the company, 21 have a 'buy' rating on the stock, 11 suggest 'sell' and seven recommend 'hold', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 4.1%.