Britannia Industries shares jump 5% after Q3 net profit rises 17% to Rs 682 crore: Should you buy, sell or hold?

Britannia share price

• Britannia shares jumped nearly 5 percent after strong Q3 results.
• Q3 net profit up 17% YoY to Rs 682 crore, revenue at Rs 4,969.8 crore.
• Nomura kept a 'Buy' call with a target price of Rs 7,000 per share.

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The shares of Britannia Industries jumped nearly 5 percent on February 11 after the company released its results for the October-December quarter of the ongoing financial year 2026.

The shares of the Marie Gold and Good Day-maker rose to Rs 6,156 apiece in the early trading hours of Wednesday.

Britannia Industries Q3 Results:

Britannia Industries on February 10 reported a consolidated net profit of Rs 682 crore for the third quarter of FY26, helped by stable commodity prices and a strong momentum across both the biscuits and adjacent categories. This marked a 17 percent year-on-year (YoY) rise from the Rs 582.3 crore net profit reported in the same period of the previous financial year.

The firm’s revenue from operations rose to Rs 4,969.8 crore, up from Rs 4,592.6 crore last year.

"While the biscuit industry remains under stabilization for price points post the GST rate reduction, the business grew by ~ 12% in November & December," said the company's newly appointed chief executive officer Rakshit Hargave.

Nomura on Britannia Industries:

Nomura kept a ‘Buy’ call on the shares of the biscuit-maker, with a target price of Rs 7,000 per share. This implies an upside potential of more than 19 percent from the stock’s previous closing price.

The international brokerage said that the company’s Q3 volume growth improved, with sales largely in-line with estimates and margin beating expectations.

It added that the company’s gross profit margin was above its forecast by 42 percent, driven by benign input costs.

Motilal Oswal on Britannia Industries:

Motilal Oswal said that Britannia’s revenue was below its estimate, while EBITDA was above expectations. “While the biscuit industry remains under stabilization for price points post the GST rate reduction. The business grew ~ 12% in Nov & Dec’25, driven by sustained investments in media and brand innovations,” it said.

The domestic brokerage noted that the company indicated that the growth was driven by strong momentum across both the biscuits and adjacent categories.

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