ITC Q1 profit falls 27% as margins compress, while FMCG grows 12%
ITC reported standalone net profit of ₹3,578.8 crore, down 27.1% year-on-year, as revenue declined and EBITDA margin narrowed to 26.7%. Its FMCG business grew 12%, with growth led by dairy, snacks and personal care; digital-first brands and fresh-food cloud kitchens continued to scale.
ITC’s Q1 profit fell 27% as revenue and margins weakened, missing estimates. FMCG grew 12%, led by dairy, snacks and personal care, while digital brands, quick-commerce channels, packaging and fresh-food cloud kitchens continued expanding.
Why this matters
The result follows ITC's planned cigarette-pricing recalibration after a tax hike, while its AI climate-risk rollout and Climate Smart Agriculture expansion show continued investment beyond core tobacco.
Retail-company signals are accelerating, up +259760% QoQ.