Wednesday, Feb 11: Shares of Britannia Industries Ltd surged nearly 4% in early trade after the company reported steady Q3 FY26 results with strong profit growth and margin expansion.
The stock was trading at Rs 6,100.50, up 3.86%, compared with its previous close of Rs 5,873.50.
The FMCG major reported a net profit of Rs 682.1 crore, up 17% year-on-year from Rs 582.3 crore. Revenue from operations rose 8.2% to Rs 4,969.8 crore, supported by stable commodity costs and improved operating leverage.
EBITDA for the quarter increased 16% to Rs 980.3 crore, while EBITDA margin expanded to 19.7% from 18.4% a year ago, reflecting better cost discipline and efficiency gains.
On a consolidated basis, sales stood at Rs 4,885 crore, up 9.5% year-on-year, while consolidated net profit rose 17.1% to Rs 682 crore.
Management highlighted strong momentum in the biscuits segment and adjacent categories, aided by portfolio expansion and sustained brand investments. Growth accelerated to around 12% during November and December, supported by improved demand trends.
The better-than-expected profitability and margin expansion appear to have boosted investor sentiment, driving gains in the stock.
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