Britannia Industries Shares Surge 5% After Q3 Net Profit Jumps 17% to Rs 682 Crore: Investment Outlook
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Britannia Shares Soar 5% on 17% Q3 Net Profit Jump: Buy, Sell, or Hold?
M
Moneycontrol•11-02-2026, 10:26
Britannia Shares Soar 5% on 17% Q3 Net Profit Jump: Buy, Sell, or Hold?
•Britannia Industries shares surged nearly 5% after reporting a 17% YoY rise in Q3 FY26 net profit to Rs 682 crore.
•Revenue from operations increased to Rs 4,969.8 crore, up from Rs 4,592.6 crore last year.
•Nomura maintained a 'Buy' call with a target price of Rs 7,000, citing improved Q3 volume growth and margin beat.
•Motilal Oswal noted revenue below estimates but EBITDA above expectations, driven by sustained investments and strong momentum in biscuit and adjacent categories.
•The company's CEO, Rakshit Hargave, highlighted a 12% business growth in November & December despite price stabilization post-GST reduction.
