Financial Performance
Strong and consistent performance in the last decade
Message from Niranjan Gupta
F Y 2025–26 unfolded in an operating environment characterised by stable demand, supportive macro-economic policies, and heightened geo‑political uncertainty. Against this backdrop, we delivered a competitive and resilient performance, anchored in a clear focus on volume‑led growth and disciplined execution. Underlying Sales Growth stood at 5%, driven by healthy Underlying Volume Growth of 4%, reflecting strengthening momentum across categories and Channels of the Future. aebitda at ₹ 15,054 crores, grew 2% year‑on‑year, with margins remaining around our stated guidance as we continued to invest behind brands, innovation, and future‑fit capabilities. Profit After Tax (before exceptional items) for the year was ₹ 10,324 crores. Consistent with our commitment to long‑term value creation and shareholder returns, the total dividend payout for the year stands at ₹ 9,633 crores*. Dividend is subject to approval by shareholders at the A G M.
Niranjan Gupta
Executive Director,Finance and Chief Financial Officer
Our performance for F Y'26
*Dividend is subject to approval by shareholders at the A G M
^Figure pertains to Standalone business
Underlying Sales Growth (U S G): Increase in turnover for the period, excluding any change resulting from acquisitions and disposals
All figures exclude discontinued operations
Summary Highlights for Turnover: Rupees 63,763 Crores Turnover.
Underlying Sales Growth (U S G): Increase in turnover for the period, excluding any change resulting from acquisitions and disposals. Underlying Volume Growth (U V G): Volume growth including the impact of mix of turnover realisation of products sold. # Figures are restated as per I N D A S. *Represents results of continuing operations as reported (Discontinued operations represent Pond’s Export Limited from F Y 2015-16 to F Y 2022-23 and Ice Cream Business for F Y 2024-25 and F Y 2025-26)