Britannia Q1 preview: Profit may drop 5%, price hikes to support revenue growth

“Raw materials remain inflationary, and we expect a pricing action of 10 per cent YoY. We expect consumption to have contracted somewhat due to price hikes with rural affected more than urban. Overall, we expect Ebitda margin to fall this quarter by 130bp YoY and by 50 basis points QoQ due to inflation,” Edelweiss said.