Steady Volume Growth in the Face of Challenging Environmentand Gross Margins Diluted by Higher Input Cost: Britannia has delivered a steady overall volume growth of 2.5% in Q1FY18 under the challenging market conditions and destocking due to GST, when compared to 2.0% volume growth in Q4FY17. During the quarter, Britannia has reported Total Revenue from Operations (without including Other Income) at Rs.23398 Mn, posting YoY growth of 6.5% when compared to Rs.21966 Mn in Q1FY17.