India, Nov. 6 -- Britannia Industries, one of India's top food companies, reported healthy revenue growth during the second quarter of FY27 on the back of improved distribution, increased demand for its various product categories and diversification. However, the company's operating profit growth was sluggish. The company faces challenges due to rising raw material costs. While the company's sales are encouraging, the gap between revenue and profit growth raises concerns about its margin protection ability.

With a market capitalization of Rs. 1,15,375.91 crore, the shares of Britannia Industries Ltd were trading at Rs. 4,790.00 per share, down 4.20 percent from its previous closing price of Rs. 5,000.00 apiece. The stock trades at a P/E...