ITC Share Price Gains Over 2% After Q1 FY27 Earnings Results: Total Income Up 26.7% YoY

Written by: Team Angel OneUpdated on: 3 Aug 2026, 5:36 pm IST
ITC Limited's total income rose by 26.7% YoY to ₹30,179.01 crore in the June 2026 quarter, while net profit fell by 15.6% YoY to ₹4,508.79 crore.
ITC Share Price Gains Over
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On July 31, 2026, ITC Limited released its unaudited consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.  

The company reported a total income of ₹30,179.01 crore and a net profit of ₹4,508.79 crore for the quarter ending June 30, 2026. 

ITC Q1 FY27 Earnings Results 

For the June 2026 quarter, ITC Limited reported a total income of ₹30,179.01 crore, marking a 26.7% year-on-year (YoY) increase from ₹23,811.56 crore in the same quarter of the previous year. 

For the June 2026 quarter, ITC Limited's total income increased by 23.7% quarter-on-quarter (QoQ) from ₹24,406.63 crore in the March 2026 quarter.  

However, the net profit for the quarter saw a decline of 15.6% YoY, amounting to ₹4,508.79 crore compared to ₹5,343.41 crore a year ago. 

The net profit for the June 2026 quarter decreased by 17.6% QoQ from ₹5,469.74 crore in the March 2026 quarter. 

Annual Financial Overview for FY26 

For the financial year 2026, ITC Limited reported a total income of ₹92,339.13 crore. The net profit for the year stood at ₹21,018.15 crore. These figures provide a comprehensive view of the company's financial health over the fiscal year. 

FMCG Segment Analysis 

The FMCG portfolio exhibited varied performance dynamics across different product lines. The cigarettes vertical witnessed segment gross revenue scale up significantly by 81% year-on-year to hit ₹15,384 crore, though its net revenue dropped by 25% and overall segment results contracted by 35% to ₹3,341 crore due to unprecedented tax hikes.  

In contrast, the FMCG-Others segment delivered robust performance with revenue increasing by 12% year-on-year to reach ₹6,482 crore, while its core profitability (PBIT) jumped by 21% to touch ₹479 crore.  

This non-cigarette segment growth was powered by 20%+ growth in dairy, snacks, noodles, and frozen snacks, alongside expanding digital-first and organic portfolios tracking an annual revenue run rate of approximately ₹1,500 crore.  

The segment EBITDA margin expanded by 55 basis points to reach 10% on an ex-Sresta basis, managing sharp cost escalations in packaging and fuel through strategic commodity hedges and smart pricing actions. 

Agri and Paperboards Businesses 

The agri business segment recorded a revenue reduction of 17% year-on-year to ₹8,082 crore, with its final segment results dropping 18% to ₹354 crore.  

This contraction reflects a high baseline alongside trade and shipping disruptions caused by the ongoing West Asia conflict.  

Despite these headwinds, the segment generated a underlying growth rate of 9% when adjusting for wheat timing differences and global supply blocks, while value-added agri lines like spices saw robust traction.  

Meanwhile, the paperboards, paper, and packaging segment maintained a strong recovery momentum. The paper vertical grew its revenue by 9% year-on-year to reach ₹2,307 crore, and its segment profit (PBIT) surged by 38% to reach ₹224 crore.  

This profitable recovery was heavily supported by higher realisations, moderating wood input costs, and a 200 basis point expansion in PBIT profit margins. 

Operational Environment and Corporate Governance 

The operational landscape during Q1 FY27 remained complex, experiencing imported inflation watch-outs, weak early monsoons with a 16% long-period average deficit, and supply disruptions from the West Asia conflict.  

Despite global macroeconomic friction, domestic consumption trends remained highly resilient. In terms of corporate compliance, the Board of Directors approved these financial results during their meeting on July 31, 2026.  

Executive Vice President and Company Secretary R. K. Singhi officially submitted the unaudited financial statement documentation to both the National Stock Exchange of India Limited and BSE Limited. 

Read More: SJVN Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 47.1% YoY! 

ITC Share Price Performance 

As of August 03, 2026, at 11:19 AM, ITC share price on NSE was trading at ₹288.80, up by 2.78% from the previous closing price. 

Conclusion 

In the June 2026 quarter, ITC Limited's total income increased by 26.7% YoY to ₹30,179.01 crore, but net profit decreased by 15.6% YoY to ₹4,508.79 crore. For FY26, total income was ₹92,339.13 crore, with a net profit of ₹21,018.15 crore. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 3, 2026, 12:05 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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