ITC Q4 revenue jumps 17% to ₹23,821 cr as cigarettes defy tax hike, new-age brands scale 60%
Cigarette sales surged 30% despite higher tobacco taxes, while FMCG-Others grew 15% with profit up 1.5x to ₹525.78 cr. New-age brands hit ₹1,350 cr ARR. Online and modern trade now exceed one-third of FMCG sales. Agri dragged at -14.2%; monsoon and West Asia input inflation cloud FY26 outlook.
ITC Q4 revenue rose 17% to ₹23,821 cr on 30% cigarette growth and 15% FMCG-Others gains; new-age brands jumped 60%. Higher tobacco taxes, West Asia-driven input inflation, and weak monsoon risks cloud outlook; online and modern trade now exceed one-third of FMCG sales.
Why this matters
Builds on prior Q4 readouts showing cigarettes and non-cig FMCG offsetting GST hikes and agri drag, with packaged foods profit jumping 51% and consolidated profit up 5-6%.
Retail-company coverage steady at 854 signals over 90 days.
Also reported by
- Mint · Companies — Same time