India's Britannia misses quarterly profit view as Mideast war pushes costs higher
06/08/2026 14:26
India's Britannia misses quarterly profit view as Mideast war pushes costs higher Aug 6 (Reuters) - India's Britannia Industries BRIT.NS reported first-quarter profit below market expectations on Thursday, as higher expenses linked to the Middle East conflict overshadowed stronger demand for its packaged foods.
Consolidated profit rose 14% to 5.91 billion rupees ($62.07 million) for the quarter ended June 30. Analysts, on average, had expected a profit of 6.05 billion rupees, according to data compiled by LSEG.
($1 = 95.2200 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai; Editing by Tasim Zahid)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
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