Britannia Q3 Results: Profit up 4.8% to Rs 582.3 crore, revenue up 6.47% at Rs 4,463.30 crore

Britannia Q3 Results: Leading biscuits shaper Britannia Industries Ltd connected Thursday reported a 4.8 per cent emergence successful consolidated nett net to Rs 582.3 crore for the 3rd 4th ended December 2024, helped by measurement gains and terms hikes.

The institution had posted a nett net of Rs 555.66 crore successful the October-December 4th a twelvemonth ago, according to a regulatory filing from Britannia Industries.

Revenue from operations roseate by 7.9 per cent to Rs 4,592.62 crore successful the December 4th compared to Rs 4,256.33 crore successful the corresponding quarter.

Commenting connected the results, Vice Chairman & Managing Director Varun Berry said: "Despite the ongoing subdued request crossed FMCG categories and accrued competitory pressures, we achieved a beardown performance, with some worth and measurement increasing astir 6 per cent each connected a year-on-year basis." The ostentation connected cardinal input materials of Wheat, Palm Oil, Cocoa etc. Remains connected an upward trajectory, which we mitigated done judicious terms increases, focused marque investments and fixed outgo leverage, helping america prolong operating margins portion maintaining competitiveness, helium said.

Total expenses of Britannia Industries, which owns fashionable brands specified arsenic Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold, accrued 9.3 per cent successful the December 4th to Rs 3,874.65 crore.

"Our adjacent businesses specified arsenic Dairy Drinks, Croissant and Wafers witnessed double-digit growths," said Berry.

Britannia's full income was astatine Rs 4,655.08 crore successful the December quarter, up 8.08 per cent.
It continued expanding its organisation network, reaching straight to astir 29 Lakh outlets nationwide.

Over the outlook, Berry said Britannia volition intimately show the commodity terms ostentation and instrumentality targeted terms increases for circumstantial brands and categories, arsenic needed.

"Our absorption shall proceed to beryllium connected driving marketplace stock portion sustaining profitability," helium said.
Britannia Industries shares connected Thursday settled astatine Rs 4,958.95 apiece connected BSE, up 0.56 per cent from its erstwhile close.