ITC Q2 PAT climbs 4% YoY to Rs 5,186 cr

Profit before tax (PBT) increased 3.6% YoY to Rs 6,978.68 crore in Q2 FY26.

EBITDA rose 2.2% to Rs 6,695 crore in Q2 September 2025 compared with Rs 6,552 crore posted in corresponding quarter last year.

Total FMCG segment revenue grew by 6.99% year on year to Rs 15,473.46 crore during the period under review.

Excluding the notebooks category, FMCG revenue rose 8% YoY, driven by robust performance in staples, dairy, premium personal wash, and agarbatti categories.

The strong growth momentum continues in the Digital first & Organic portfolio, comprising the Yogabar, Mother Sparsh, Prasuma & Meatigo and 24 Mantra brands, clocking an annual recurring revenue (ARR) of approximately Rs 1,100 crore.

ITC's cigarette segment posted a 6.8% year on year growth in revenue in Q2 FY26, supported by strong demand for premium and differentiated offerings. Elevated leaf tobacco costs were partly offset by product mix optimization and cost control measures.

Revenue from agribusiness segment tumbled 30.92% to Rs 4,037.80 crore in Q2 FY26, impacted by timing differences and high base effect. Value Added Agri exports during the quarter were relatively subdued due to delayed call-offs by customers amid uncertainty account US tariffs.

Revenue from paperboards, paper, and packaging businesses jumped 5% YoY, led by higher volumes and robust performance in the specialty paper category. However, the operating environment remained challenging due to the influx of low-priced imports, high domestic wood costs, and muted realisations.

The packaging and printing business witnessed sequential uptick in domestic demand and continues to focus on expanding its new business portfolio with innovative, customised solutions.

ITC is a diversified conglomerate with businesses spanning fast-moving consumer goods, hotels, paperboards and packaging, agribusiness and information technology.

The counter shed 0.69% to settle at Rs 418.70 on the BSE.

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