Britannia's Q1 Profits Surge and share price up by 2 % as Company Invests in Green EnergyBritannia's Q1 Profits Surge and share price up by 2 % as Company Invests in Green Energy

Britannia Industries Ltd. saw a 2% increase in its shares after reporting a robust growth in Q1 net profit for FY25. The company announced a 10.5% rise in consolidated net profit to ₹505.6 crore for the June quarter, up from ₹457.5 crore last year.

Before exceptional items, Britannia’s net profit for the quarter was ₹524 crore, marking a 14.5% increase year-on-year. This financial growth contributed to the company’s share price jumping by 2.1% to an intraday high of ₹5,842.95 on the NSE.

The FMCG giant also reported a 4% increase in consolidated revenue from operations, which reached approximately ₹4,130 crore in the June quarter, compared to ₹3,970 crore a year earlier. This increase reflects a steady demand for Britannia’s products.

On the environmental front, Britannia’s board approved investing ₹4.3 crore for a 26% stake in Amplus Energy Solutions Pte. Ltd’s special purpose vehicles. This move aims to source renewable energy for its Ranjangaon factory in Maharashtra, demonstrating Britannia’s commitment to sustainability.

As of noon on Monday, Britannia shares were trading at ₹5,740, up 0.3% on the NSE. The stock has risen over 19% in the past year, slightly trailing the Nifty’s 24% increase.