Britannia Industries’ international business began recovering sequentially in the June quarter as supply-chain disruptions eased towards the end of the period, although performance remained uneven across markets, with Africa, particularly Kenya, emerging as a bright spot while the Middle East and North America continued to face challenges.
The company’s international operations had come under pressure from disruptions linked to the West Asia conflict, which also drove up fuel and shipment costs across its domestic and overseas businesses. Chief executive officer and managing director Rakshit Hargave said the company was closely monitoring the evolving geopolitical situation and crude oil volatility for their potential impact on international operations and domestic input costs.
Despite the external pressures, Britannia reported a 14 per cent year-on-year increase in consolidated net profit to ₹593 crore in the first quarter of FY27, while revenue from operations rose 9.5 per cent to ₹4,964 crore. Operating profit grew 12.7 per cent during the quarter.
Hargave said supply-chain constraints in the international business began normalising towards the latter part of the quarter, helping the business recover sequentially. However, the recovery was not broad-based. While Africa, led by Kenya, performed well, the Middle East, including Saudi Arabia, and North America remained challenging markets.
The overseas recovery comes against a backdrop of elevated logistics and input costs. Hargave said the West Asia conflict had resulted in a steep increase in fuel and shipment charges across Britannia’s domestic and international operations. Palm oil prices had also increased more than 20 per cent from February levels, while sugar, milk and industrial fuel remained areas of cost pressure.
The company has sought to offset the pressure through a combination of buying efficiencies, packaging optimisation, alternate fuels, productivity measures and greater use of renewable energy. At the same time, Britannia has continued to invest in brands, with advertising and brand-building spends growing ahead of sales during the quarter.
On the domestic front, Hargave said most key categories had gained sequential momentum, with the company exiting the quarter with mid-teens revenue growth. General trade, Britannia’s largest channel, recovered after disruptions related to the implementation of dual pricing, while e-commerce continued to post strong growth. Quick commerce now accounts for around 80-85 per cent of Britannia’s e-commerce business.
Published on August 9, 2026
