Britannia Share Price in Focus; Posted 6.5% Sales Growth in Q3 FY25

Britannia Industries Limited announced its financial results for the quarter ended December 31, 2024.

On February 7, 2025, Britannia Industries share price (NSE: BRITANNIA) opened at ₹5,010.00, up from its previous close of ₹4,956.05. At 9:47 AM, the share price of Britannia Industries was trading at ₹4,983.10, up by 0.55% on the NSE.

Q3 FY 2025 Financial Highlights

The company reported consolidated sales of ₹4,463 crore for the quarter, reflecting a 6.5% year-on-year growth. Net profit for the quarter stood at ₹582 crore, up 4.8% compared to the same period last year.

For the nine-month period ended December 31, 2024, Britannia posted consolidated sales of ₹13,159 crore, marking a 5.0% year-on-year growth. The net profit for the nine months was ₹1,619 crore, showing a modest 1.3% increase from the previous year.

Management Commentary 

Commenting on the results, the Vice Chairman and Managing Director, Mr Varun Berry, said, “Despite the ongoing subdued demand across FMCG categories and increased competitive pressures, we achieved a strong performance, with both value and volume growing about 6% each on a year-on-year basis. The inflation on key input materials of Wheat, Palm Oil, Cocoa etc. remains on an upward trajectory, which we mitigated through judicious price increases, focused brand investments and fixed cost leverage, helping us sustain operating margins while maintaining competitiveness.”

Mr Varun Berry highlighted the company’s continued efforts to expand its distribution network, now directly reaching approximately 29 lakh outlets across the country. The company reported exceptional performance in its focus states, which achieved 2.6x growth during the quarter, supported by partnerships with around 31,000 rural distributors.

He further stated that the introduction of innovative products, including the Dual Flavoured Layer Cake and Triple Chocolate Croissants, contributed to enhancing consumer preferences. Additionally, existing products in the market continued to deliver robust revenue growth.

Britannia’s adjacent businesses, such as Dairy Drinks, Croissants, and Wafers, experienced double-digit growth, reinforcing the company’s ambition to evolve into a “Total Global Foods Company.”

“We will closely monitor commodity price inflation and implement targeted price increases for specific brands and categories, as needed. Our focus shall continue to be on driving market share while sustaining profitability. We reaffirm our commitment to our ESG framework of People, Growth, Governance and Resources and shall continue to focus on our initiatives to build a Sustainable and Profitable business,” said Mr Varun Berry.

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