Britannia Industries Q2FY26 Results: Profit Surges 23% to ₹655 Crore, Revenue Up 4% YoY

Britannia Industries Ltd has reported a robust second-quarter performance for FY26, with its net profit rising 23% year-on-year to ₹655 crore, exceeding market expectations. The company’s revenue from operations climbed 4.1% to ₹4,840 crore, supported by stable commodity prices and cost optimization measures.

Q2FY26 Financial Performance

During the July–September 2025 quarter, the biscuit maker recorded consolidated revenue of ₹4,840 crore, compared to ₹4,667 crore in the same quarter last year. The profit after tax stood at ₹655 crore, up from ₹532 crore in Q2FY25.

The company’s strong bottom-line growth was attributed to efficient cost management, steady input prices, and improved operational efficiency across its value chain.

CEO Varun Berry on Growth Drivers

Varun Berry, Executive Vice-Chairman, Managing Director & CEO of Britannia Industries, highlighted that the company’s performance reflected its resilience amid market challenges.

“Our revenue during the quarter registered reasonable growth of 4.1% with profits growing by 23.2%, driven by stable commodity prices and sustained efforts to optimize costs,” said Berry.

He further added that the recent GST rate rationalization is a positive move for the FMCG sector, expected to boost consumer demand and economic sentiment, though some temporary disruptions affected the supply chain during the transition.

Leadership Change: Rakshit Hargave Appointed as CEO

In a key management update, Britannia announced the appointment of Rakshit Hargave as its new Chief Executive Officer (CEO), effective from 15 December 2025.

Hargave will succeed Rajneet Kohli, who exited the company in May 2025 after a nearly three-year tenure to join Hindustan Unilever. Until Hargave takes charge, Varun Berry continues as interim CEO.

Outlook: Focus on Volume-Led Growth and Market Expansion

Looking ahead, Britannia plans to strengthen its market leadership through volume-led growth, regional product strategies, and competitive pricing. The company aims to expand its footprint across India by catering to diverse consumer preferences and enhancing its distribution network.

Berry emphasized that Britannia will continue to leverage its brand strength and maintain cost discipline to sustain profitability in an increasingly competitive landscape dominated by local players.

Key Financial Highlights

• Particulars Q2FY26 Q2FY25 YoY Growth
• Net Profit ₹655 crore ₹532 crore 23%
• Revenue from Operations ₹4,840 crore ₹4,667 crore 4.1%
• Previous Quarter Profit ₹520 crore — —

Frequently Asked Questions (FAQ)

1. What was Britannia Industries’ net profit in Q2FY26?

Britannia reported a net profit of ₹655 crore in Q2FY26, marking a 23% year-on-year increase.

2. How much did Britannia’s revenue grow in Q2FY26?

The company’s consolidated revenue rose 4.1% year-on-year to ₹4,840 crore.

3. Who has been appointed as the new CEO of Britannia Industries?

Rakshit Hargave has been named the new CEO, effective from December 15, 2025.

4. What factors contributed to Britannia’s profit growth?

Stable commodity prices, efficient cost control, and optimized supply chain operations contributed to the profit growth.

5. How will GST changes affect Britannia’s future performance?

The GST rate rationalization is expected to stimulate demand and improve long-term growth, despite short-term supply chain challenges.