Britannia reports strong Q2 growth, names new CEO

Britannia Industries reported a 4.1% increase in consolidated sales to Rs 4,752 crores and a 23% rise in net profit to Rs 655 crores for the quarter ending September 30, 2025. This growth was attributed to stable commodity prices and cost optimization, despite short-term impacts from GST-related supply chain changes. The company's bakery categories, including Rusk, Wafers, and Croissants, continued to show double-digit growth, bolstered by strong e-commerce performance.

The board of directors also approved the appointment of Rakshit Hargave as an additional whole-time director and chief executive officer for a five-year term, effective December 15, 2025, pending shareholder approval. This strategic move aims to drive healthy volume-led growth and strengthen Britannia's market presence through regional-consumer centric strategies and competitive pricing.

The company’s unaudited consolidated financial results were reviewed by Walker Chandiok & Co LLP and approved by the board on November 5, 2025. These results, along with standalone financial data, have been filed with the National Stock Exchange of India Limited and BSE Limited.