Britannia flags fuel inflation, GST pricing disruption in Q4 Britannia Industries reported that rising fuel and freight costs, driven by the West Asia conflict, along with disruptions in wholesale channels caused by GST-linked pricing changes in the biscuit market, negatively impacted its growth during the March quarter. The company initiated calibrated price hikes and cost-control measures to counter these challenges. For the quarter ended March 31, Britannia’s consolidated profit rose 21.6% year-on-year to Rs 679.7 crore, while total income increased 6.2% to Rs 4,774.4 crore. For the full fiscal year 2026, total income grew 6.6% to Rs 19,375.6 crore, and profit for the period rose 16.5% to Rs 2,537 crore. Managing director and chief executive Rakshit Hargave noted that domestic business growth had averaged 9-9.5% before March, when international operations faced disruption linked to the West Asia conflict. The company’s international business was hit by vessel unavailability and declining demand in the region, while fuel costs and ocean freight rates surged after disruptions around the Strait of Hormuz. Britannia, which produces a significant portion of its products for markets in Oman and Dubai, began shifting export-oriented production to its Mundra facility to reduce reliance on West Asian shipping routes. The transition is expected to be fully operational by mid-May. Hargave highlighted that while wheat prices remained favorable, fuel and laminate costs had become inflationary. The company plans to implement calibrated price increases and grammage adjustments starting from the current quarter to offset rising input costs.#strait_of_hormuz #west_asia #britannia_industries #rakshit_hargave #mundra_facility
