Britannia Industries Ltd witnessed a 2% surge in share price during morning trade following the release of its Q3 FY25 financial results on February 6. As of 9:21 AM, the shares were trading 1.73% higher at Rs 5,041.75.
The leading FMCG company reported a 5% year-on-year (YoY) rise in net profit, reaching ₹582 crore for the October-December quarter, compared to ₹556 crore in the same period last year.
Britannia’s revenue from operations grew 6.4% YoY to ₹4,463 crore, up from ₹4,191.83 crore in Q3 FY24. The company’s performance reflects robust demand and effective pricing strategies in the biscuit and bakery segment.
Total expenses for the quarter increased 9% YoY to ₹3,875 crore, primarily due to higher raw material costs. The cost of materials consumed surged 24% YoY to ₹2,630 crore, compared to ₹2,129 crore in Q3 FY24, impacting overall margins.
Britannia Industries’ shares opened at ₹5,010, reaching a high of ₹5,075.40 and a low of ₹4,970.10. The stock remains below its 52-week high of ₹6,469.90 but above its 52-week low of ₹4,641.
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