Financial Results - Consolidated (Quarter Ended 30 June 2026)

Revenue Performance

  • Revenue from operations: ₹4,999.97 crore (Q1 FY27) vs ₹4,622.22 crore (Q1 FY26) - 8.2% YoY growth
  • Sale of goods: ₹4,964.37 crore
  • Other operating revenues: ₹35.60 crore
  • Other income: ₹61.41 crore
  • Total income: ₹5,061.38 crore

Expense Breakdown

  • Cost of materials consumed: ₹2,799.56 crore
  • Purchases of stock-in-trade: ₹139.61 crore
  • Changes in inventories: (₹14.22) crore
  • Employee benefits expense: ₹209.60 crore
  • Finance costs: ₹22.87 crore
  • Depreciation and amortization: ₹79.51 crore
  • Other expenses: ₹1,025.31 crore
  • Total expenses: ₹4,262.24 crore

Profitability Metrics

  • Profit before share of loss of associates and joint venture: ₹799.14 crore
  • Share of loss in associates and joint venture: (₹1.79) crore
  • Profit before tax: ₹797.35 crore
  • Tax expense: ₹203.97 crore (Current tax: ₹208.73 crore, Deferred tax credit: ₹4.76 crore)
  • Net profit for the period: ₹593.38 crore (vs ₹520.13 crore in Q1 FY26)
  • Other comprehensive income: ₹5.82 crore
  • Total comprehensive income: ₹599.20 crore

Earnings per Share

  • Basic EPS: ₹24.55
  • Diluted EPS: ₹24.55

Capital Structure

  • Paid-up equity share capital: ₹24.09 crore (face value ₹1 each)
  • Other equity: ₹5,679.60 crore

Financial Results - Standalone (Quarter Ended 30 June 2026)

Revenue Performance

  • Revenue from operations: ₹4,833.50 crore
  • Sale of goods: ₹4,791.88 crore
  • Other operating revenues: ₹41.62 crore
  • Other income: ₹59.40 crore (includes dividend from subsidiaries: ₹7.14 crore)
  • Total income: ₹4,892.90 crore

Expense Breakdown

  • Cost of materials consumed: ₹2,470.68 crore
  • Purchases of stock-in-trade: ₹462.14 crore
  • Changes in inventories: (₹12.29) crore
  • Employee benefits expense: ₹168.20 crore
  • Finance costs: ₹22.32 crore
  • Depreciation and amortization: ₹70.92 crore
  • Other expenses: ₹932.03 crore
  • Total expenses: ₹4,114.00 crore

Profitability Metrics

  • Profit before tax: ₹778.90 crore
  • Tax expense: ₹202.52 crore (Current tax: ₹207.27 crore, Deferred tax credit: ₹4.75 crore)
  • Net profit for the period: ₹576.38 crore
  • Total comprehensive income: ₹576.38 crore

Earnings per Share

  • Basic EPS: ₹23.93
  • Diluted EPS: ₹23.93

Capital Structure

  • Paid-up equity share capital: ₹24.09 crore
  • Other equity: ₹5,193.52 crore

Key Notes and One-Time Items

Fiscal Incentive Income

  • Recognized ₹45.72 crore as fiscal incentive income during year ended 31 March 2026 relating to period April 2024 to September 2025, following approval from State Government

New Labour Codes Impact

  • Government of India notified four Labour Codes effective 21 November 2025 with unified definition of "Wages"
  • Group recognized past service cost of ₹48.56 crore (consolidated) and ₹46.46 crore (standalone) during year ended 31 March 2026 towards increased liability for gratuity and compensated absences
  • Company continues to monitor developments relating to implementation of New Labour Codes

Tax Provision Reversal

  • Current tax for quarter and year ended 31 March 2026 includes reversal of provision (net) of ₹95.39 crore pursuant to receipt of favorable orders relating to income tax litigations of past years

Board Meeting Details

  • Meeting held on 6th August 2026 from 3:00 PM to 6:00 PM IST
  • Board approved unaudited consolidated and standalone financial results for quarter ended 30 June 2026
  • Mr. Nusli N. Wadia, Chairman, authorized to sign the results

Auditor Review

  • Statutory Auditors M/s. Walker Chandiok & Co LLP conducted limited review of financial results
  • Issued unmodified Review Report for both consolidated and standalone results
  • Review conducted in accordance with SRE 2410 and SEBI circular under Regulation 33(8)

Publication Requirements

  • Financial results to be published in newspapers pursuant to Regulation 47 with QR code and webpage details
  • Results available on company website www.britannia.co.in
  • Full results available on NSE (www.nseindia.com) and BSE (www.bseindia.com) websites

Subsidiaries and Associates

  • Consolidated results include 30 entities: 27 subsidiaries, 1 joint venture company, 3 associate companies
  • Entities located across India, Mauritius, Dubai, Oman, Nepal, Bangladesh, Egypt, Uganda, Kenya