ITC Q1FY27 revenue rises 28% as net profit falls 16%

ITC reported Q1FY27 revenue of Rs 29,523.30 crore, up 27.64% year on year, while net profit fell 16.21% to Rs 4,394.13 crore. Cigarette business revenue stood at Rs 16,596.67 crore.

— Filed Fri, 31 Jul, 2026, 17:06 IST · Source Financial Express · BrandWagon · Updated

ITC reported Q1FY27 net profit of Rs 4,394.13 crore, down 16.21% year-on-year, while revenue rose 27.64% to Rs 29,523.30 crore. Cigarette business revenue was Rs 16,596.67 crore.

Why this matters

The result follows an ITC Q1FY27 preview that warned FMCG growth might not offset cigarette tax-hit margins, while a separate update highlighted the 16% YoY profit decline.

Retail-company signals are accelerating, up 259700% QoQ.