Britannia Industries reported a 3% YoY rise in Q1FY26 net profit to Rs 521 crore, with revenue up 9% at Rs 4,622 crore. Sequentially, profit fell 7%. Higher raw material costs impacted margins. The company saw double-digit sales growth in key markets, supported by improving consumption trends and operational efficiencies.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal