Britannia Industries Q4 Results FY2023, Profit at Rs. 557.60 crores

Britannia Industries Q4 Results FY2023

by Shreya Anaokar Last Updated: May 05, 2023 - 07:58 pm 1.2k Views
Listen icon

On 5th May 2023, Britannia Industries announced its quarterly results for the last quarter of FY2023.

Britannia Industries Financial Highlights:

- Britannia’s Consolidated Sales for the Quarter ended 31st March 2023 grew 11% to Rs. 3,892 Crores. The Consolidated Sales for the full year ended 31st March 2023 grew 15% to Rs. 15,985 Crores. 
- Operating Profit grew 47% to Rs. 736 Crores. Operating Profit grew 30% to Rs. 2,605 Crores
-  Net Profit grew 47% to Rs. 557.60 Crores in Q4FY23. 

Britannia Industries’ Business Highlights:

- Commercialization of 2 Biscuit greenfield units in this quarter – in Uttar Pradesh & Tamil Nadu and brownfield expansion in Orissa
- On the cost & profitability front, input prices softened on the back of correction in Palm Oil & Packaging materials, while Flour continued to trend higher
- Britannia accelerates its rural journey with a focus on enhancing reach, partnering with 28,000 rural distributors, and sustaining our diligent market practices
- The company expanded its portfolio of a few of its adjacent categories including Milk Shakes in aseptic PET bottles & croissants. 

Commenting on the performance, Mr. Varun Berry, Vice Chairman & Managing Director, said: “We delivered a robust growth of 11% in this quarter on the back of significant distribution gains, which reflects our execution strength across businesses & channels. We continued to accelerate our rural journey with a focus on enhancing reach, partnering with 28,000 rural distributors, and sustaining our diligent market practices. Our brand & distribution strength also reflects in the consistent market share gains over the last 10 years. We supported our Brands & Innovations with the requisite investments in the digital & mass media space. We further expanded the portfolio of a few of our adjacent categories including Milk Shakes (in aseptic PET bottles) & Croissants.”

Share Market Today

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. 


Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Marinetrans India IPO lists 15.38% higher and hits upper circuit

Premium listing for Marinetrans India IPO, then upper circuit

Net Avenue Technologies IPO lists 133.33% up but later hits -5% circuit

Strong listing for Net Avenue Technologies IPO, then lower circuit

What you must know about India Shelter Finance IPO?

India Shelter Finance Corporation Ltd was incorporated in 1998 and offers small and mid-ticket home loans. These loans are typically in the size of ₹5 lakhs to ₹50 lakhs. It provides home loans for construction, purchase, extension and also for renovation.