<?xml version="1.0" encoding="UTF-8"?>
<!--FRIndAs-->
<xbrli:xbrl xmlns:in-bse-fin="http://www.bseindia.com/xbrl/fin/2020-03-31/in-bse-fin" xmlns:in-bse-fin-roles="http://www.bseindia.com/xbrl/fin/2020-03-31/in-bse-fin-roles" xmlns:in-bse-fin-ent="http://www.bseindia.com/xbrl/fin/2020-03-31/in-bse-fin/in-bse-fin-ent" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:in-bse-fin-types="http://www.bseindia.com/xbrl/fin/2020-03-31/in-bse-fin-types" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink"><link:schemaRef xlink:type="simple" xlink:href="Ind-AS_entry_point_2020-03-31.xsd"/><xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="http://www.bseindia.com/bse-fin/ScripCode">500825</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2022-04-01</xbrli:startDate><xbrli:endDate>2022-06-30</xbrli:endDate></xbrli:period></xbrli:context><xbrli:context id="OneExpenses1D"><xbrli:entity><xbrli:identifier scheme="http://www.bseindia.com/bse-fin/ScripCode">500825</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2022-04-01</xbrli:startDate><xbrli:endDate>2022-06-30</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-bse-fin:DetailsOfOtherExpensesAxis">in-bse-fin:OtherExpenses1Member</xbrldi:explicitMember></xbrli:scenario></xbrli:context><xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="INRPerShare"><xbrli:divide><xbrli:unitNumerator><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unitNumerator><xbrli:unitDenominator><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unitDenominator></xbrli:divide></xbrli:unit><in-bse-fin:ScripCode contextRef="OneD">500825</in-bse-fin:ScripCode><in-bse-fin:Symbol contextRef="OneD">BRITANNIA</in-bse-fin:Symbol><in-bse-fin:MSEISymbol contextRef="OneD">NOTLISTED</in-bse-fin:MSEISymbol><in-bse-fin:ISIN contextRef="OneD">INE216A01030</in-bse-fin:ISIN><in-bse-fin:NameOfTheCompany contextRef="OneD">Britannia Industries Limited</in-bse-fin:NameOfTheCompany><in-bse-fin:ClassOfSecurity contextRef="OneD">Equity</in-bse-fin:ClassOfSecurity><in-bse-fin:DateOfStartOfFinancialYear contextRef="OneD">2022-04-01</in-bse-fin:DateOfStartOfFinancialYear><in-bse-fin:DateOfEndOfFinancialYear contextRef="OneD">2023-03-31</in-bse-fin:DateOfEndOfFinancialYear><in-bse-fin:DateOfBoardMeetingWhenFinancialResultsWereApproved contextRef="OneD">2022-08-04</in-bse-fin:DateOfBoardMeetingWhenFinancialResultsWereApproved><in-bse-fin:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange contextRef="OneD">2022-07-25</in-bse-fin:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange><in-bse-fin:DescriptionOfPresentationCurrency contextRef="OneD">INR</in-bse-fin:DescriptionOfPresentationCurrency><in-bse-fin:LevelOfRoundingUsedInFinancialStatements contextRef="OneD">Crores</in-bse-fin:LevelOfRoundingUsedInFinancialStatements><in-bse-fin:ReportingQuarter contextRef="OneD">First quarter</in-bse-fin:ReportingQuarter><in-bse-fin:IsCompanyReportingMultisegmentOrSingleSegment contextRef="OneD">Single segment</in-bse-fin:IsCompanyReportingMultisegmentOrSingleSegment><in-bse-fin:DescriptionOfSingleSegment contextRef="OneD">Food</in-bse-fin:DescriptionOfSingleSegment><in-bse-fin:DateOfStartOfBoardMeeting contextRef="OneD">2022-08-04</in-bse-fin:DateOfStartOfBoardMeeting><in-bse-fin:StartTimeOfBoardMeeting contextRef="OneD">11:30:00</in-bse-fin:StartTimeOfBoardMeeting><in-bse-fin:DateOfEndOfBoardMeeting contextRef="OneD">2022-08-04</in-bse-fin:DateOfEndOfBoardMeeting><in-bse-fin:EndTimeOfBoardMeeting contextRef="OneD">15:00:00</in-bse-fin:EndTimeOfBoardMeeting><in-bse-fin:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification contextRef="OneD">Not applicable</in-bse-fin:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification><in-bse-fin:DateOfStartOfReportingPeriod contextRef="OneD">2022-04-01</in-bse-fin:DateOfStartOfReportingPeriod><in-bse-fin:DateOfEndOfReportingPeriod contextRef="OneD">2022-06-30</in-bse-fin:DateOfEndOfReportingPeriod><in-bse-fin:WhetherResultsAreAuditedOrUnaudited contextRef="OneD">Unaudited</in-bse-fin:WhetherResultsAreAuditedOrUnaudited><in-bse-fin:NatureOfReportStandaloneConsolidated contextRef="OneD">Standalone</in-bse-fin:NatureOfReportStandaloneConsolidated><in-bse-fin:RevenueFromOperations contextRef="OneD" unitRef="INR" decimals="-5">35214900000</in-bse-fin:RevenueFromOperations><in-bse-fin:OtherIncome contextRef="OneD" unitRef="INR" decimals="-5">531200000</in-bse-fin:OtherIncome><in-bse-fin:Income contextRef="OneD" unitRef="INR" decimals="-5">35746100000</in-bse-fin:Income><in-bse-fin:CostOfMaterialsConsumed contextRef="OneD" unitRef="INR" decimals="-5">16815700000</in-bse-fin:CostOfMaterialsConsumed><in-bse-fin:PurchasesOfStockInTrade contextRef="OneD" unitRef="INR" decimals="-5">6304100000</in-bse-fin:PurchasesOfStockInTrade><in-bse-fin:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade contextRef="OneD" unitRef="INR" decimals="-5">-190100000</in-bse-fin:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade><in-bse-fin:EmployeeBenefitExpense contextRef="OneD" unitRef="INR" decimals="-5">1128100000</in-bse-fin:EmployeeBenefitExpense><in-bse-fin:FinanceCosts contextRef="OneD" unitRef="INR" decimals="-5">388700000</in-bse-fin:FinanceCosts><in-bse-fin:DepreciationDepletionAndAmortisationExpense contextRef="OneD" unitRef="INR" decimals="-5">435100000</in-bse-fin:DepreciationDepletionAndAmortisationExpense><in-bse-fin:OtherExpenses contextRef="OneD" unitRef="INR" decimals="-5">6458200000</in-bse-fin:OtherExpenses><in-bse-fin:Expenses contextRef="OneD" unitRef="INR" decimals="-5">31339800000</in-bse-fin:Expenses><in-bse-fin:ProfitBeforeExceptionalItemsAndTax contextRef="OneD" unitRef="INR" decimals="-5">4406300000</in-bse-fin:ProfitBeforeExceptionalItemsAndTax><in-bse-fin:ExceptionalItemsBeforeTax contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ExceptionalItemsBeforeTax><in-bse-fin:ProfitBeforeTax contextRef="OneD" unitRef="INR" decimals="-5">4406300000</in-bse-fin:ProfitBeforeTax><in-bse-fin:CurrentTax contextRef="OneD" unitRef="INR" decimals="-6">1223000000</in-bse-fin:CurrentTax><in-bse-fin:DeferredTax contextRef="OneD" unitRef="INR" decimals="-5">-33300000</in-bse-fin:DeferredTax><in-bse-fin:TaxExpense contextRef="OneD" unitRef="INR" decimals="-5">1189700000</in-bse-fin:TaxExpense><in-bse-fin:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:NetMovementInRegulatoryDeferralAccountBalancesRelatedToProfitOrLossAndTheRelatedDeferredTaxMovement><in-bse-fin:ProfitLossForPeriodFromContinuingOperations contextRef="OneD" unitRef="INR" decimals="-5">3216600000</in-bse-fin:ProfitLossForPeriodFromContinuingOperations><in-bse-fin:ProfitLossFromDiscontinuedOperationsBeforeTax contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ProfitLossFromDiscontinuedOperationsBeforeTax><in-bse-fin:TaxExpenseOfDiscontinuedOperations contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:TaxExpenseOfDiscontinuedOperations><in-bse-fin:ProfitLossFromDiscontinuedOperationsAfterTax contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ProfitLossFromDiscontinuedOperationsAfterTax><in-bse-fin:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod><in-bse-fin:ProfitLossForPeriod contextRef="OneD" unitRef="INR" decimals="-5">3216600000</in-bse-fin:ProfitLossForPeriod><in-bse-fin:OtherComprehensiveIncomeNetOfTaxes contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:OtherComprehensiveIncomeNetOfTaxes><in-bse-fin:ComprehensiveIncomeForThePeriod contextRef="OneD" unitRef="INR" decimals="-5">3216600000</in-bse-fin:ComprehensiveIncomeForThePeriod><in-bse-fin:ComprehensiveIncomeForThePeriodAttributableToOwnersOfParent contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ComprehensiveIncomeForThePeriodAttributableToOwnersOfParent><in-bse-fin:ComprehensiveIncomeForThePeriodAttributableToOwnersOfParentNonControllingInterests contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:ComprehensiveIncomeForThePeriodAttributableToOwnersOfParentNonControllingInterests><in-bse-fin:PaidUpValueOfEquityShareCapital contextRef="OneD" unitRef="INR" decimals="-5">240900000</in-bse-fin:PaidUpValueOfEquityShareCapital><in-bse-fin:FaceValueOfEquityShareCapital contextRef="OneD" unitRef="INRPerShare" decimals="INF">1</in-bse-fin:FaceValueOfEquityShareCapital><in-bse-fin:BasicEarningsLossPerShareFromContinuingOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">13.35</in-bse-fin:BasicEarningsLossPerShareFromContinuingOperations><in-bse-fin:DilutedEarningsLossPerShareFromContinuingOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">13.35</in-bse-fin:DilutedEarningsLossPerShareFromContinuingOperations><in-bse-fin:BasicEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">0</in-bse-fin:BasicEarningsLossPerShareFromDiscontinuedOperations><in-bse-fin:DilutedEarningsLossPerShareFromDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">0</in-bse-fin:DilutedEarningsLossPerShareFromDiscontinuedOperations><in-bse-fin:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">13.35</in-bse-fin:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-bse-fin:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">13.35</in-bse-fin:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-bse-fin:DebtEquityRatio contextRef="OneD" unitRef="pure" decimals="INF">0.024</in-bse-fin:DebtEquityRatio><in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD"> &lt;BR&gt; 
                                                                                     As on                                      &lt;BR&gt; 
                                                                                  30.06.2022                            &lt;BR&gt; 
 &lt;BR&gt; 
i.Other equity                                                                 1,339.20                               &lt;BR&gt; 
ii.Net worth                                                                    1,363.29                               &lt;BR&gt; 
iii.Debenture redemption reserve                                        180.24                                  &lt;BR&gt; 
iv.Capital redemption reserve                                                3.96                                   &lt;BR&gt; 
v. Securities premium account                                            244.98                                  &lt;BR&gt; 
vi.Paid-up debt capital                                                      3,266.01                               &lt;BR&gt; 
 &lt;BR&gt; 
vii. Ratios &lt;BR&gt; 
a.Debt equity ratio                                                            2.40                                      &lt;BR&gt; 
b.Debt service coverage ratio                                           12.34                                    &lt;BR&gt; 
c.Interest service coverage ratio                                       12.34                                    &lt;BR&gt; 
d.Current ratio                                                                  0.79                                       &lt;BR&gt; 
e.Long term debt to working capital                                  (3.09)                                   &lt;BR&gt; 
f.Current liability ratio                                                        0.85                                       &lt;BR&gt; 
g.Total debt to total assets                                                0.38                                       &lt;BR&gt; 
h.Debtors turnover                                                           52.16                                     &lt;BR&gt; 
i.Inventory turnover                                                          39.93                                     &lt;BR&gt; 
j.Operating margin (%)                                                    12.11                                     &lt;BR&gt; 
k.Net Profit margin (%)                                                      9.00                                    </in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock><in-bse-fin:DescriptionOfOtherExpenses contextRef="OneExpenses1D">Other Expenses</in-bse-fin:DescriptionOfOtherExpenses><in-bse-fin:OtherExpenses contextRef="OneExpenses1D" unitRef="INR" decimals="-5">6458200000</in-bse-fin:OtherExpenses><in-bse-fin:IncomeTaxRelatingToItmesThatWillNotBeReclassifiedToProfitOrLoss contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:IncomeTaxRelatingToItmesThatWillNotBeReclassifiedToProfitOrLoss><in-bse-fin:IncomeTaxRelatingToItmesThatWillBeReclassifiedToProfitOrLoss contextRef="OneD" unitRef="INR" decimals="-7">0</in-bse-fin:IncomeTaxRelatingToItmesThatWillBeReclassifiedToProfitOrLoss></xbrli:xbrl>
