ITC Q4 profit up 5% to ₹5,113 cr as cigarettes, non-cig FMCG offset GST hike, agri drag
ITC posted 17.3% revenue growth to ₹21,695 cr in Q4FY26, with cigarette revenue surging 31.7% to ₹11,066 cr despite GST rising from 28% to 40% of RSP. Non-cig FMCG operating profit jumped 51% to ₹521 cr, while agri revenue fell 15.7% on West Asia conflict disruption. Final dividend ₹8/share.
What happened
ITC Q4FY26 net profit rose 4.89% to ₹5,113 cr on 17% revenue growth, led by cigarettes and non-cig FMCG, despite GST/excise hike on cigarettes and West Asia
Key facts
- Q4 net profit ₹5,113.36 cr (+4.89% YoY)
- Revenue ₹21,694.67 cr (+17.30%)
- Cigarette revenue ₹11,066.02 cr (+31.74%)
- Non-cig FMCG revenue ₹6,303.73 cr (+14.72%)
- Non-cig FMCG operating profit +50.98% to ₹520.74 cr
- Agri revenue -15.74% to ₹3,074.86 cr
- GST hiked from 28% to 40% of RSP
- Final dividend ₹8/share, FY26 total ₹14.50
Why this matters
Agri's 15.7% decline from West Asia disruption exposes export concentration risk and may accelerate buy-side moves in domestic value-added food platforms.