Britannia shares tumble 5 percent as profit beats but volume and sales disappoint

March sales were hit by West Asia supply disruption

Britannia Industries shares fell about 5% even after reporting a higher profit in the quarter. Revenue and volume growth missed analyst expectations, while supply disruptions in its international business tied to the West Asia conflict weighed on March sales. The company pointed to improving traction in e-commerce and premium products, but analysts remain split on the stock’s next move.