The cigarette tax shock weighed heavily on June-quarter earnings, but resilient volumes, staggered price hikes and improving profitability are raising hopes the worst is over.
2 min read3 Aug 2026Revenue rose on strong FMCG growth, but higher cigarette taxes, weaker agri exports and rising input costs squeezed earnings as ITC warned of imported inflation and a weak monsoon.
1 min read31 Jul 2026The company’s shares have declined over 22% on the National Stock Exchange so far in 2026.
2 min read23 Jul 2026While the cigarettes division posted healthy numbers, the firm cautioned that high taxes imposed in Feb may encourage illicit sales. Meanwhile, ITC’s packaged consumer brands business grew rapidly in the March 2026 quarter. However, the Iran war may dampen growth across verticals
3 min read21 May 2026Analysts warn that higher taxes could squeeze margins, dent volumes and fuel illegal trade, even as demand remains resilient.
3 min read11 Feb 2026As rivals snap up digital-first personal care brands, ITC is moving cautiously—focusing on trust-led categories and long-term value over rapid acquisitions, said Sameer Satpathy, head, personal care business.
5 min read27 Jan 2026The cigarette segment is crucial to ITC, contributing nearly 42% and a much higher 83% to the company’s standalone total gross segment revenue and Ebit, respectively, for the September quarter.
2 min read2 Jan 2026ITC Q2 Results: Fast-moving consumer goods (FMCG) company, ITC, recorded a 2.6% rise in its consolidated net profit to ₹5,186 crore. Five key takeaways you should know.
2 min read30 Oct 2025ITC, on Thursday, 18 September 2025, announced that the company has decided to pass on the full benefit to its customers across the firm's portfolio range. The new rates will be effective from 22 September 2025.
1 min read18 Sep 2025India’s top consumer plays are chasing the same milestone, but the market may not reward them the same way.
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