Archive · 15 Jan 2026
Britannia Q3 FY26: Volume Rebound, Margin Expansion Expected
Britannia Industries, a big biscuit company, is expected to do better in the December quarter of 2026.
This is because of some changes in taxes and because people are buying more during the festive season.
Experts think the company will sell more biscuits, make more money, and have better profits.
They also think the company's costs for making biscuits will stay the same or even go down a little, which is good for their profits.
In the previous quarter, the company already made more money and sold more products than the year before.
Britannia Industries expected to post 7% YoY growth in biscuit volumes in Q3 FY26.
Revenue growth projected at 11.4% YoY, with profit growth of nearly 22% YoY.
Gross margins expected to expand due to stable raw material costs and benign palm oil prices.
EBITDA margins may remain stable to marginally softer at around 19.2% due to competitive pricing and higher brand investments.
Q2FY26 saw a 23% YoY rise in net profit to ₹655 crore and a 4.1% YoY increase in sales to ₹4,752 crore.
- Who
- Britannia Industries
- What
- Expected rebound in volume and margin expansion in Q3 FY26
- When
- December quarter (Q3 FY26)
- Where
- India
- Why
- Easing trade destocking, GST rate cuts, and festive-season uplift
- Company
- Britannia Industries
- Expected Volume Growth
- 7% YoY in biscuits
- Expected Revenue Growth
- 11.4% YoY
- Expected Profit Growth
- 22% YoY
- Gross Margin Expansion
- Driven by stable raw material costs
- EBITDA Margin
- Around 19.2% (stable to marginally softer)
- Q2FY26 Net Profit
- ₹655 crore (23% YoY rise)
- Q2FY26 Sales
- ₹4,752 crore (4.1% YoY increase)
