ITC

Q42025 Result Review .....

Q4FY25 Highlights: Gross revenue increased 9.2% YoY to Rs 18,266 crore. EBITDA rose 2.5% YoY to Rs 5,986 crore. Profit Before Tax (PBT) grew 2.1% YoY to Rs 6,417 crore. Profit After Tax (PAT) rose slightly by 0.8% YoY to Rs 4,875 crore. FY25 Highlights: Gross revenue rose 10.2% YoY to Rs 73,465 crore. EBITDA grew 2.3% YoY to Rs 24,025 crore. PBT increased 3.5% YoY to Rs 26,529 crore. PAT grew 0.9% YoY to Rs 20,092 crore. Including discontinued operations, total PAT stood at Rs 35,196 crore. Segment Performance: FMCG–Others: Full year revenue up 4.8% YoY; 6.2% YoY excluding Notebooks. Q4 revenue up 3.7% YoY; 5.4% YoY excluding Notebooks. Cigarettes: Full year net revenue up 7.1% YoY; Segment PBIT up 4.9%. Q4 net revenue up 6.0% YoY; Segment PBIT up 4.0%. Agri Business: Strong performance driven by Leaf Tobacco, Value-Added Agri Products, and Rice exports. Full year revenue and PBIT up 25% and 18% YoY respectively. Q4 revenue and PBIT up 18% and 26% YoY respectively. Key Takeaway: Despite muted growth in overall PAT, ITC delivered strong revenue growth across key segments, especially in agri and cigarettes. The FMCG–Others segment remained resilient amid challenging demand and input cost pressures.