Britannia's net profit grew by 10.8% to 726 crore rupees due to increased sales volume

Britannia Industries Ltd reported on Thursday a growth in consolidated net profit of 10.82 percent, reaching 725.99 crore rupees for the September quarter of fiscal year 27. This growth was driven by an increase in sales volume.

According to regulatory filings from Britannia Industries, the company's net profit in July-September of last year was 655.06 crore rupees. For the September quarter, the company demonstrated a 16.6 percent growth in product sales revenue, amounting to 5,541.57 crore rupees.

In its earnings report, Britannia Industries indicated that the sales growth was 'due to a 13 percent increase in volume.' The company's operating revenue increased by 15.64 percent, reaching 5,597.79 crore rupees in the second quarter of fiscal year 27, compared to 4,840.63 crore rupees in the same quarter.

The company's total expenses amounted to 4,690.47 crore rupees, which is 17 percent higher in Q2 of fiscal year 27. Total income, including other receipts, grew by 15.9 percent and reached 5,671.30 crore rupees in the September quarter.

Commentary on Results

Rashit Hargave, CEO and Managing Director, commented on the results, noting: 'We maintained strong top-line momentum throughout the quarter, ensuring healthy double-digit growth in volume and value, which was widely distributed across channels and key states.' He added that the portfolio of bakery products and related goods, along with international business, showed strong acceleration, supplementing the growth of biscuits.

Hargave also stated that the company has consistently seen strong quarterly growth, achieving a top-line growth of 12 percent and a bottom-line growth of 22 percent. In the first half (H1) of fiscal year 27, Britannia Industries' total consolidated revenue was 10,732.68 crore rupees, which is 12.12 percent higher.

On Thursday, Britannia Industries Ltd shares closed at 5,000 rupees on the BSE, which is 1.70 percent higher than the previous close.

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business-standard.comOctober 29, 19:08

Brigade Group's profit rose by 29% in the second quarter to 219 crore rupees, while revenue decreased by 12.6%

Brigade Enterprises Ltd, based in Bangalore, reported a rise in net profit of 28.8% to 219 crore rupees in the second quarter of fiscal year 27 (Q2FY27) compared to the same period last year. This growth is attributed to stable demand that aligns with the launch of new projects.

However, the company's revenue, which focuses on South India, declined by 12.6% year-on-year (Y-o-Y), reaching 1,250 crore rupees compared to 1,430 crore rupees in the corresponding quarter of the previous year. This was reported in the stock exchange filing published on Thursday with results for the September quarter.

Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) increased by 27.5% in Q2FY27, reaching 478 crore rupees, compared to 375 crore rupees in the corresponding quarter of the previous fiscal year.

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Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, noted that residential segments continue to drive growth, supported by sustained demand and a strong project portfolio. She emphasized that customers are increasingly prioritizing quality, location, larger homes, and improved amenities, and the company continues to observe steady demand in both mid-range and premium segments. Furthermore, the festive season boosted customer engagement in the residential and retail businesses.

The group stated that project launch rates are gaining momentum, with property sales for the quarter reaching 1,827 crore rupees across a volume of 1.3 million square feet (msf). Shankar added that the company is prepared to sustain this momentum and ensure stable long-term growth. Brigade Enterprises shares fell by 1.39% and closed at 531 rupees on the BSE on Thursday.

During the quarter, the company launched projects totaling 2.4 msf with a Gross Development Value (GDV) of approximately 3,000 crore rupees. Brigade's portfolio generated revenue of 760 crore rupees, with an Ebitda of 175 crore rupees, which is 59% higher than in Q2FY26, at a margin of 23%.

Revenue from the rental business amounted to 329 crore rupees, with an Ebitda of 242 crore rupees, which is 9% higher than in Q2FY26, with a margin of 74%. As of September 2026, occupancy reached 90%. In the hospitality segment, which includes hotels the company builds for brand management, revenue in Q2FY27 was 161 crore rupees, and Ebitda was 59 crore rupees, which is 41% higher than in Q2FY26, with a margin of 37%.

business-standard.comOctober 27, 20:00

LT Foods reports 10% rise in net profit to 180 crore rupees, with revenue increasing by 17% to 3,253 crore rupees in the second quarter

LT Foods, the manufacturer of Daawat basmati rice, announced on Tuesday a 10% year-on-year increase in consolidated net profit, reaching 180 crore rupees for the September quarter. Meanwhile, the company's revenue grew by 17%, amounting to 3,253 crore rupees.

The company's operating revenue in the same period last year was 2,772 crore rupees, and the net profit in July-September of the previous fiscal year was 164 crore rupees.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased by 13% to 358 crore rupees in the second quarter of fiscal year 27, compared to 316 crore rupees the previous year. However, profitability metrics declined during the quarter: the EBITDA margin decreased from 11.4% to 11%, and the net profit margin fell from 5.9% to 5.5%.

Gross profit increased by 12% to 1,058 crore rupees in the reporting quarter, compared to 948 crore rupees in the corresponding period last fiscal year. The gross profit margin decreased from 34.2% to 32.5%.

Furthermore, the company's earnings per share rose to 5.28 rupees in the September quarter compared to 4.72 rupees the previous year.

LT Foods noted that its segments related to basmati rice and other specialty rice varieties continue to grow, demonstrating a 27% year-on-year increase in revenue in the first half of fiscal year 27. The ready-to-eat, ready-to-cook, and ready-to-heat food business showed an 8% growth over the same period.

The company also reported that its consolidated revenue for the first half of fiscal year 27 grew by 22% to 6,414 crore rupees, and EBITDA increased by 17% to 721 crore rupees, while net profit grew by 9% to 364 crore rupees.

Managing Director and CEO Ashwani Arora stated that these results reflect the strength of the company's brands, its diversified global business, and disciplined execution across various markets. LT Foods is present in over 85 countries, including brands such as Daawat and Royal.