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ITC logs 2.7% rise in net profit

Business Standard

|

October 31, 2025

Cigarette, FMCG biz key drivers; Amitabh Kant recommended as ind director

- ISHITA AYAN DUTT

Cigarette-to-soap conglomerate ITC on Thursday reported a 2.7 per cent year-on-year (Yo-Y) increase in consolidated net profit attributable to owners at ₹5,126.11 crore in the second quarter of 2025-26 (Q2FY26), primarily aided by its cigarette business. In the year-ago period, net profit had stood at ₹4,992.87 crore.

The demerger of the hotel business became effective from January 1, 2025, and net profit from continuing operations in Q2FY26 stood at ₹5,186.55 crore, up by 4.2 per cent from ₹4,979.14 crore in the year-ago period. Net profit came in ahead of the Bloomberg consensus estimate of ₹5,080 crore.

The company reported consolidated gross revenue of ₹21,255.86 crore for Q2FY26, down by 1.3 per cent compared to ₹21,536.38 crore a year ago.

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PMO has nudged CIL to invest in critical mineral assets in Australia, says CMD

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time to read

1 min

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Business Standard

Swan eyes ₹875 cr in govt support for Pipavav Shipyard expansion

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1 mins

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Business Standard

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1 mins

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Business Standard

Ingka Investment launches its first RE project in India

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time to read

1 min

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Business Standard

Business Standard

RBI rejects seven-year bond bids as yields test 6.6%

The Reserve Bank of India (RBI) cancelled the auction for the seven-year government bond on Friday after market participants demanded a yield of around 6.6 per cent — a level the central bank was unwilling to accept, dealers said.

time to read

2 mins

November 01, 2025

Business Standard

Business Standard

‘I’d call India a rather boring mkt this year’

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time to read

3 mins

November 01, 2025

Business Standard

Vedanta net profit plunges 59% on exceptional losses

CORPORATE SCORECARD

time to read

2 mins

November 01, 2025

Business Standard

Orkla India booked 48.73x on final day

The initial public offering (IPO) of Orkla India got subscribed 48.73 times on the final day of bidding on Friday.

time to read

1 min

November 01, 2025

Business Standard

‘Digital drive, retail surge to power MFs’ next leg of growth’

Even after growing ata blistering pace over the past decade, India’s mutual fund (MF) industry believes it still hasa long runaway for long-term expansion.

time to read

4 mins

November 01, 2025

Business Standard

CBIC notifies rules for voluntary correction of Customs entries

The Central Board of Indirect Taxes and Customs (CBIC) has notified new rules allowing importers and exporters to voluntarily correct entries in bills of entry or shipping bills after goods are cleared.

time to read

1 min

November 01, 2025

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