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Excessive rain, GST transition caused biz disruptions: ITC

The Morning Standard

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October 31, 2025

EXCESSIVE rains in many parts of the country and transition to new GST rates posed operational challenges, especially for the FMCG categories, causing short-term business disruptions during the July-September quarter, said leading fast-moving consumer goods (FMCG) player ITC Ltd on Thursday while declaring its Q2FY26 earnings number.

- ARSHAD KHAN @ New Delhi

The diversified conglomerate reported a standalone net profit of 5,180 crore for the second quarter of current fiscal, up 2% from 5,078 crore in the same period last year. Revenue stood at 18,021 crore, reflecting a 3.4% decline from 18,648 crore in Q2 of the previous year.

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