ITC Q1 profit falls 16% as revenue rises 28%; FMCG grows 12%
ITC reported Q1 FY27 consolidated net profit of Rs 4,394.13 crore, down 16.21% year-on-year, while revenue from operations rose 27.64% to Rs 29,523.30 crore. Its FMCG business recorded 12% revenue growth amid inflation and monsoon-related demand risks.
ITC reported Q1 FY27 profit down 16% YoY to Rs 4,394 crore despite 28% revenue growth to Rs 29,523 crore. FMCG revenue grew 12%, while geopolitical disruptions, imported inflation, monsoon deficits and lower Kharif sowing were flagged as risks.
Why this matters
ITC's Q1 FY27 update follows recent signals reporting a 27% Q1 profit decline as cigarette tax hikes squeezed margins and dented premium demand, alongside a separate signal on 28% revenue growth and a 16% profit fall.
Retail-company is accelerating, up 216667% QoQ.