Indian biscuit maker Britannia Industries beat third-quarter profit estimates on Thursday, as price hikes helped it counter the impact of a rise in commodity prices.

The firm's management said if they have to take slightly higher price increases, it will be decided in the next year.

Britannia’s volume growth in Q3 was 6% led by its core brands (in biscuits) and its focus on regional variants to counter local competition, sector experts said.

BENGALURU: Britannia Industries plans to increase prices by about 4.5% by the end of the fiscal year, the company said during its post-earnings investor call on Friday. The company raised prices by 2% in the third quarter,

Britannia raised prices by 2% in the December quarter and expects a cumulative price hike of 6-6.5% until the June quarter of 2025-26 as costs of key input materials, such as wheat, palm oil, cocoa, etc.