Shares of Britannia Industries surged sharply after the FMCG major reported solid Q3 FY26 earnings, pushing the stock closer to its 52-week high. Investor sentiment spiked after a 17% rise in net profit in the October-December quarter.

Britannia Share Price Today
Britannia share price today had strong buying interest with trading volume of around 4.99 lakh shares across NSE and BSE. At the time of writing, the stock was trading near Rs. 6,064 per share, up about 3.25% intraday, after earlier gaining close to 4.8% following the earnings announcement.
Britannia Q3 FY26 Results: Net Profit Rises 16.9%, Revenue Up 8.2%
According to the company's earnings update, Britannia net profit in Q3 FY26 increased 16.9% year-on-year to Rs. 680 crore. Revenue from operations also grew 8.2% YoY to Rs. 4,969.8 crore, showing steady demand across biscuits and adjacent product categories.
At the operating level, profit before interest, tax, and depreciation climbed 14.5% to Rs. 1,036.8 crore, The performance shows continued resilience in the FMCG biscuit industry, even as the sector adjusts to GST-led price normalisation.
Morgan Stanley Maintains Equal Weight on Britannia
Global brokerage Morgan Stanley maintained an "Equal Weight" rating on Britannia with a target price of Rs. 5,469. The brokerage noted that Q3 results were broadly in line, with revenue growth around 9% YoY and sharp improvement in gross margins driven by pricing actions and stable commodity costs.
It also highlighted that GST-linked fiscal incentives may remain lower going ahead, making management commentary and demand trajectory key factors to watch for future earnings momentum.
About Britaninia
Britannia Industries is one of India's leading food companies, renowned for biscuits, bread, cakes, dairy products, and snacks. It operates under the Wadia Group and reaches over 5 million retail outlets nationwide. Founded in 1892 in Kolkata, Britannia has grown into a trusted brand with products like Good Day, Marie Gold, and NutriChoice
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