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Britannia Posts Strong Q3 Performance as Profit Rises to Rs 680 Crore

Britannia Posts Strong Q3 Performance as Profit Rises to Rs 680 Crore

Britannia Industries Limited reported a robust financial performance for the third quarter of FY26, with consolidated net profit rising 17% year-on-year to Rs 680 crore for the October–December period. The growth was supported by steady demand across its core portfolios and a relatively stable commodity environment.

Revenue from operations increased by 8.2% to Rs 4,969.8 crore in Q3FY26, compared to Rs 4,592.6 crore in the corresponding quarter last year. The company attributed this performance to healthy momentum in its biscuits business, alongside improving traction in adjacent categories.

While the biscuit industry has been undergoing price-point stabilization following the GST rate reduction, Britannia noted that growth accelerated towards the latter part of the quarter. Rakshit Hargave, the company’s newly appointed Chief Executive Officer, said the business recorded approximately 12% growth in November and December, signaling an improvement in consumer demand.

Hargave highlighted those sustained investments in media played a key role in strengthening brand visibility during the quarter. He also pointed to portfolio enhancements and product innovations-such as the launch of the 50-50 Dipped range-as important growth drivers. Additionally, the company expanded its consumer reach with newer offerings including ‘Veg’ cake variants and ‘Doodh’ Marie Gold.

Beyond financial performance, the quarter also saw significant leadership developments at Britannia. The company announced the appointment of Puneet Das as Chief Marketing Officer, effective February 16, 2026. Das brings extensive FMCG experience, having held senior roles at Marico, PepsiCo India, GSK Consumer Healthcare, and Tata Consumer Products.

Britannia also elevated Siddharth Gupta to Vice President – Marketing, effective February 1, 2026. Together, these leadership moves and strong quarterly results underline Britannia’s focus on growth, innovation, and long-term brand building in a competitive FMCG landscape.

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