$ITC Limited Q1 FY27 Results: Net Profit Declines 27% to ₹3,579 Crore; Revenue Jumps 28%

Summary: $ITC reported a 27% year-on-year decline in consolidated net profit to ₹3,579 crore for the quarter ended June 30, 2026, impacted by margin pressure and a challenging operating environment. Despite the profit decline, the company posted strong revenue growth, supported by steady performance across its key business segments. Key Highlights: Net Profit: ₹3,579 crore, down 27% YoY from ₹5,113 crore. Revenue from Operations: ₹26,943 crore, up 28% YoY from ₹21,694 crore. EBITDA: ₹4,514 crore, down 27.9% YoY. EBITDA Margin: 26.7%, compared with 31.7% in the corresponding quarter last year. The company stated that the quarter was marked by heightened uncertainty due to geopolitical tensions in West Asia, which led to sharp volatility in crude oil and other input costs. To offset inflationary pressures, ITC implemented calibrated price increases across its cigarette, FMCG, and paper businesses. FMCG Business Performance FMCG revenue increased 12% YoY. Revenue excluding staples grew 16%, driven by robust demand for dairy products, snacks, noodles, and frozen foods, along with healthy growth in personal care products and a recovery in notebook sales. The Aashirvaad brand witnessed relatively softer growth, affected by heatwave conditions, LPG shortages, and stable wheat prices. Overall, while profitability remained under pressure due to higher input costs and lower margins, ITC maintained healthy top-line growth, supported by resilient demand across its diversified business portfolio. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,