FMCG major Britannia Industries on Thursday reported a 4% growth in its Q4 consolidated net profit to Rs 560 crore versus Rs 538 crore reported in the year ago period. The revenue from operations in the March-ended quarter stood at Rs 4,432 crore, which was up 9% versus Rs 4,069 crore in the corresponding quarter of the last financial year.
The company announced a final dividend of Rs 75 per equity share for the financial year ended March 31, 2025.
The profit after tax (PAT) was down nearly 4% on a sequential basis against Rs 582 crore reported in Q3FY25 while the topline fell 3.4% in the quarter under review versus 4,593 crore in the October-December quarter of FY25.
For the full financial year, the net profit figures stood at Rs 2,179 crore versus 2,140 crore in FY24, registering a 2% uptick. Meanwhile, total revenue from opertions stood at Rs 17,943 crore versus Rs 16,769 crore in FY24, which is a 7% YoY growth.
Management take
Commenting on the performance, Varun Berry, Vice Chairman & Managing Director, said that the high single-digit value growth of 9% during the last quarter of the year underscored company's resilience in a challenging operating environment marked by rising commodity prices, changing channel dynamics, and subdued demand across FMCG categories.
"Strategic Pricing actions, nimble approach in emerging channels, combined with robust cost efficiency initiatives delivering savings of approximately 3% of revenue, helped us sustain our growth and profitability as we navigated the year effectively. Our distribution footprint now directly caters to about 29 Lakh outlets across the country, with the rural distributors aiding towards strengthening our presence in the rural markets," Berry said.
The VC & MD said that new launches across the product categories, such as the E-comm first launch of our Premium range of Pure Magic Choco Frames, Winkin Cow Grow further reinforced its adjacent businesses while Britannia continued to invest behind the legacy brands through distinctive promotions for Marie Gold and Good Day during the quarter.
The company announced a final dividend of Rs 75 per equity share for the financial year ended March 31, 2025.
The profit after tax (PAT) was down nearly 4% on a sequential basis against Rs 582 crore reported in Q3FY25 while the topline fell 3.4% in the quarter under review versus 4,593 crore in the October-December quarter of FY25.
For the full financial year, the net profit figures stood at Rs 2,179 crore versus 2,140 crore in FY24, registering a 2% uptick. Meanwhile, total revenue from opertions stood at Rs 17,943 crore versus Rs 16,769 crore in FY24, which is a 7% YoY growth.
Management take
Commenting on the performance, Varun Berry, Vice Chairman & Managing Director, said that the high single-digit value growth of 9% during the last quarter of the year underscored company's resilience in a challenging operating environment marked by rising commodity prices, changing channel dynamics, and subdued demand across FMCG categories.
"Strategic Pricing actions, nimble approach in emerging channels, combined with robust cost efficiency initiatives delivering savings of approximately 3% of revenue, helped us sustain our growth and profitability as we navigated the year effectively. Our distribution footprint now directly caters to about 29 Lakh outlets across the country, with the rural distributors aiding towards strengthening our presence in the rural markets," Berry said.
The VC & MD said that new launches across the product categories, such as the E-comm first launch of our Premium range of Pure Magic Choco Frames, Winkin Cow Grow further reinforced its adjacent businesses while Britannia continued to invest behind the legacy brands through distinctive promotions for Marie Gold and Good Day during the quarter.
You may also like
BREAKING: Barcelona fire: Toxic chlorine cloud covers part of major city as 160,000 people warned to stay indoors
Ange Postecoglou drops exciting Tottenham injury news after making Europa League final
India-Pak tensions: Pak defence minister says 'nuclear' not on cards right now
Aditi Rao Hydari prays for peace amidst India and Pakistan conflict
Virgin Island producer was 'terrified' cast would quit Channel 4 show that gives cast chance to have sex
