'
Britannia
Industries hosted a conference call on Feb 11, 2026, which was represented by Mr.
Rakshit Hargave, Managing Director & Chief Executive Officer.
Key takeaways of the call
The company delivered healthy growth in Q3 FY26 driven by strong momentum across both the biscuits and
adjacent categories, alongside a relatively stable commodity environment.
In Q3 FY26, all
four categories Cake, Rusk, Croissant and Wafers reported double-digit growth.
The company
witnessed marginal growth in cheese while other businesses such as Ghee, Milk
Drinks, and Dairy Whitener grew faster.
Management
indicated that margins are expected to remain steady, as benign commodity
prices are likely to offset higher investments and advertising spend.
While the biscuit
industry continues to stabilize price points following the GST rate reduction,
the company’s b...
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