Britannia reports strong sales, profit growth; appoints new CEO

Britannia Industries announced consolidated sales of Rs 4,752 crores for the quarter ended September 30, 2025, a 4.1% increase year-on-year, with net profit surging 23% to Rs 655 crores. For the six months ended September 30, 2025, consolidated total revenue from operations reached Rs 9,462.85 crores, and net profit stood at Rs 1,175.19 crores.

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. Hargave brings extensive consumer industry experience, having previously served as CEO of Birla Opus and held leadership roles at Beiersdorf, Hindustan Unilever, and Jubilant Foodworks.

The financial results were reviewed and recommended by the audit committee and approved by the Board of Directors on November 5, 2025. The statutory auditors, Walker Chandiok & Co LLP, issued an unmodified review report on the unaudited consolidated and standalone financial results.