ITC reports 20% profit fall as cigarette demand wanes

ITC reports 20% profit fall as cigarette demand wanes

商业
登录后即可置顶此事件

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.

参与者

ITC Nuvama Equities JM Financial

地点

India

文章

2026年十一月02日
4 篇总计
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 • 11月02日 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.

可信度 92% 操纵 5% 中立
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 • 11月02日 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.

可信度 82% 操纵 8% 中立
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 • 11月02日 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.

可信度 85% 操纵 8% 中立
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 • 11月02日 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.

可信度 92% 操纵 8% 中立
2026年十一月01日
1 篇总计
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 • 11月01日 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.

可信度 77% 操纵 10% 中立

相关事件