ITC Q1 FY27 Results: Net Profit Falls 27% to ₹3,579 Crore as Higher Cigarette Taxes Hit Earnings
July 31, 2026
ITC Ltd. reported a 27% year-on-year decline in standalone net profit to ₹3,579 crore for the first quarter ended June 30, 2026, as higher taxes on cigarettes and rising operating expenses weighed on the company's earnings. The cigarette business, which…
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