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The Economic Times
The Economic Times
Debaroti Adhikary

Britannia shares fall 5% despite decent Q4 show. Do Morgan Stanley, Nomura see any upside?

Shares of Britannia Industries plunged 5% to a day’s low of Rs 5,525, even as the FMCG giant reported a consolidated net profit of Rs 678 crore for the fourth quarter of FY26, marking a 21% rise from Rs 560 crore in the year-ago period.

The company released its results in post-market hours on Thursday. Revenue from operations rose 6% year-on-year (YoY) to Rs 4,719 crore during the January-March quarter of the financial year 2026. Britannia said that its business witnessed a steady start to the quarter, with growth of 9% in the first two months, before moderating to a lower number in March, primarily on account of supply disruptions in the international business following the West Asia conflict.

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