EconomyIndia’s Britannia misses profit estimates as Middle East war lifts costs

Britannia Industries of India reported first-quarter profit below market expectations on Thursday. Higher fuel and shipping expenses tied to the conflict in the Middle East outweighed stronger demand for the company’s packaged foods. The result highlights how the war-related increase in operating costs has pressured the food maker’s earnings.

India economycorporate earningsMiddle East conflictshipping costs

RReuters★★★☆☆2026-08-06 18:40Original