ITC reports 20% profit fall as cigarette demand wanes

ITC reports 20% profit fall as cigarette demand wanes

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Reuters reported that India's leading tobacco company ITC posted a 20% drop in quarterly profit for the quarter ended September 30, citing higher raw material costs and higher cigarette prices that weakened demand. Analysts quoted by The Economic Times had earlier forecast an 8% decline in cigarette volumes and a potential 29% fall in operating profit due to new tax regulations. The Economic Times later reported that ITC's consolidated net profit fell 18.

5% to Rs 4,229 crore in FY27 Q2, driven by a 27. 2% decline in cigarette segment profit while its non-cigarette businesses posted strong growth.

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02 नवंबर 2026
4 कुल
Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand
Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand

Reuters • 02 नवं 14:03

India's leading tobacco company ITC posted a 20% fall in profit for the quarter ended September 30, citing rising raw material costs and higher cigarette prices that weakened demand.

विश्वसनीयता 92% हेरफेर 5% मध्यस्थ
ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high
ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high

Moneycontrol.com • 02 नवं 13:54

ITC posted a net profit of Rs 5,126 crore for Q2 FY27, while revenue rose 44% to Rs 30,578 crore, with cigarette volumes pressured by higher taxes and fast-moving consumer goods sales reaching a 14-quarter peak.

विश्वसनीयता 82% हेरफेर 8% मध्यस्थ
ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high
ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high

Moneycontrol.com • 02 नवं 13:54

ITC Ltd's net profit dropped 18.6% in Q2 FY27 due to lower cigarette sales, while its non-cigarette businesses posted a 19% revenue increase, the strongest in 14 quarters.

विश्वसनीयता 85% हेरफेर 8% मध्यस्थ
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%

The Economic Times • 02 नवं 13:53

ITC Ltd's consolidated net profit fell 18.5% to Rs 4,229 crore in FY27 Q2, driven by a 27.2% decline in cigarette segment profit, while revenue rose 5% and non-cigarette businesses posted strong growth.

विश्वसनीयता 92% हेरफेर 8% मध्यस्थ
01 नवंबर 2026
1 कुल
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite

The Economic Times • 01 नवं 05:57

ITC is projected to face a challenging second quarter, with analysts forecasting an 8% drop in cigarette volumes and a potential 29% decrease in operating profit due to new tax regulations.

विश्वसनीयता 77% हेरफेर 10% मध्यस्थ

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