Britannia Q1 FY27 Results: Revenue Tops Estimates at 50 Billion Rupees

BENGALURU — Britannia Industries Limited reported its financial results for the first quarter ended June 30, 2026, posting consolidated total revenue from operations of 4,999.97 crore rupees (approx. 50 billion rupees), surpassing market expectations. Bloomberg IBES consensus estimates had projected consolidated revenue at 49.86 billion rupees.

The Indian food major posted a consolidated net profit attributable to owners of the company of 591.35 crore rupees (approx. 5.91 billion rupees) for Q1 FY27. This slightly missed IBES expectations of 6.05 billion rupees, despite reflecting a 13.5% year-on-year growth compared to 520.72 crore rupees in the corresponding period of the previous fiscal year.

The financial results were approved during the company's board meeting held on August 6, 2026. The operational update provides critical insight into consumer spending trends across India's fast-moving consumer goods (FMCG) and packaged food sectors.

Financial Performance and Operational Breakdown

Britannia Industries' total consolidated income for the quarter reached 5,061.38 crore rupees, up from 4,679.23 crore rupees reported in Q1 FY26. Consolidated revenue from the sale of goods rose 9.5% year-on-year to 4,964.37 crore rupees, compared to 4,534.86 crore rupees in the year-ago period.

Quarterly Financial Overview (Consolidated)

• Total Revenue from Operations: 4,999.97 crore rupees (vs. 4,622.22 crore rupees in Q1 FY26).

• Net Profit (Attributable to Owners): 591.35 crore rupees (vs. 520.72 crore rupees in Q1 FY26).

• Total Consolidated Profit After Tax: 593.38 crore rupees (vs. 520.13 crore rupees in Q1 FY26).

• Profit Before Tax (PBT): 797.35 crore rupees, expanding 13.7% year-on-year from 701.02 crore rupees.

• Basic & Diluted EPS: 24.55 rupees per share, up from 21.62 rupees in Q1 FY26.

Input Costs and Expense Analysis

Total consolidated expenses for the quarter increased to 4,262.24 crore rupees, compared to 3,973.36 crore rupees in Q1 FY26.

The cost of materials consumed reached 2,799.56 crore rupees, rising from 2,550.87 crore rupees in the matching period last year. Purchases of stock-in-trade stood at 139.61 crore rupees, while employee benefits expenses dropped to 209.60 crore rupees from 241.86 crore rupees in Q1 FY26. Finance costs declined slightly to 22.87 crore rupees compared to 26.15 crore rupees in the prior-year period.

On a standalone basis, Britannia recorded total revenue from operations of 4,833.50 crore rupees and a net profit of 576.38 crore rupees for the quarter ended June 30, 2026.

Official Sources Section

According to official regulatory disclosures filed with the National Stock Exchange of India Limited and BSE Limited, the board authorized Chairman Nusli N. Wadia to sign the financial results following review by the audit committee. Independent statutory auditor Walker Chandiok & Co LLP issued an unmodified review report on both standalone and consolidated results. Regulatory filings align with corporate governance guidelines monitored by the Ministry of Finance.

Quote Section

"According to officials, the financial results for the quarter ended June 30, 2026, reflect steady demand across core food categories, with statutory auditors completing a limited review without any operational qualifications."

Why It Matters

The revenue beat highlights sustained consumer demand for packaged bakery and dairy items across urban and rural markets in India. While raw material inflation influenced total expenses, single-digit growth in input costs allowed profit before tax to maintain double-digit expansion year-on-year. For equity investors and market analysts, Britannia's results offer a key gauge of FMCG volume dynamics and pricing power amid broader market conditions.

Key Facts at a Glance

• Consolidated Revenue: 4,999.97 crore rupees (~50 billion rupees), topping IBES estimates of 49.86 billion rupees.

• Consolidated Net Profit: 591.35 crore rupees (~5.91 billion rupees), missing IBES estimates of 6.05 billion rupees.

• Year-on-Year PAT Growth: Consolidated profit after tax grew 14.1% YoY to 593.38 crore rupees.

• Earnings Per Share: Basic EPS expanded to 24.55 rupees per share.

FAQ Section

What was Britannia Industries' revenue for Q1 FY27? Britannia reported consolidated total revenue from operations of 4,999.97 crore rupees (~50 billion rupees) for Q1 FY27, beating Bloomberg IBES estimates of 49.86 billion rupees.

Did Britannia meet net profit expectations in Q1 FY27? The company reported a consolidated net profit of 5.91 billion rupees (591.35 crore rupees attributable to owners), slightly below the IBES estimate of 6.05 billion rupees.

How did Britannia perform on a standalone basis? On a standalone basis, Britannia reported total revenue from operations of 4,833.50 crore rupees and a net profit of 576.38 crore rupees for the quarter ended June 30, 2026.

Source: Britannia Industries Limited Regulatory Filings submitted to the National Stock Exchange of India Limited and BSE Limited. Financial oversight and governance framework administered under the Ministry of Finance.