Britannia Industries posted Q2 FY26 net profit of Rs 655 crore, up 23.1% YoY, with revenue increasing 3.7% to Rs 4,752 crore. The growth was driven by consistent demand for bakery and dairy products and operational efficiency in distribution and marketing channels. Analysts emphasized that the modest revenue increase paired with strong profit growth indicates effective cost management. Investors remain positive on Britannia’s resilience amid inflationary pressures and competitive FMCG sector dynamics, with expectations of stable margins in the upcoming quarters.