What lifts Britannia post GST rush

Britannia Industries Ltd's Q3FY26 earnings were largely in line with expectations, with consolidated revenue rising 9.5% yearon-year to ₹4,885 crore.

- Shubham Dilawari

Growth in the quarter was evenly driven by volumes and realizations, as the firm increased grammage for its ₹5 and ₹10 packs after the Goods and Services Tax (GST) rate cut in September.

November and December recorded 12% sales growth, indicating that demand improved once GST transition-related issues in October settled, said new managing director and chief executive officer Rakshit Hargave in his maiden investor call.