ITC posts 18.5% Q2 FY27 net profit fall to ₹4,229cr

Business Nov 02, 2026

ITC just posted an 18.5% decline in consolidated net profit for Q2 FY27, landing at ₹4,229 crore, mostly because its cigarette business took a hit.

Still, net revenue actually grew 5% this quarter to ₹20,454 crore compared to last year.

Cigarette slump softened by FMCG/agriculture/paper

ITC's cigarette business saw a sharp fall in earnings.

But thanks to solid growth in its FMCG, agriculture, and paper businesses, the company managed to soften the blow and keep moving forward.