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ITC profit up 3% to ₹5,244 cr
Financial Express Kochi
|August 02, 2025
CIGARETTE-TO-FMCG major ITC reported a 3% year-on-year (y-o-y) increase in consolidated net profit (attributable to owners of the company) to ₹5,244 crore in the June quarter (Q1FY26), led mainly by its cigarettes and agri businesses.
The Q1 profit number was in line with Street estimates of ₹5,114 crore for the period.
The company reported consolidated gross revenue of ₹23,129 crore for Q1, marking a sharp 19.5% rise compared to ₹19,350 crore reported a year ago. Revenue net of excise was ₹21,495 crore, higher than the Bloomberg consensus estimate of ₹18,754 crore. Cigarettes contribute 41% to ITC's topline, while the non-cigarette FMCG business contributes 25% to turnover, according to sector analysts.
Sequentially, gross revenue of ₹20,376 crore was up by 13.5%. The profit in the previous quarter was ₹19,727 crore, which included an exceptional gain from an accounting entry related to the demerger of its hotels business, effective January 1, 2025.
This story is from the August 02, 2025 edition of Financial Express Kochi.
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