Diversified conglomerate ITC Ltd introduced its June quarter (Q1FY26) outcomes post-market hours, reporting a web revenue of ₹4,912 crore, largely unchanged from ₹4,874 crore in the identical interval final 12 months and consistent with analysts’ expectations. The income from operations stood at ₹20,911 crore, up 15% YoY from ₹18,266 crore reported within the June 2024 quarter.
On the working degree, the corporate posted an EBITDA of ₹6,261 crore, marking a 3% YoY development, whereas margins contracted sharply by 530 foundation factors to 31.7%, impacted by the sharp rise within the commodity costs.
ITC’s FMCG-Others phase reported an 8.6% YoY income development (excluding notebooks) at ₹5,777 crore, led by robust efficiency in staples, biscuits, dairy, premium private wash merchandise, homecare, and agarbattis. The notebooks class continued to face deflationary pressures as a result of low-priced imports and aggressive pricing from regional gamers, whereas unseasonal rains impacted beverage gross sales
Phase EBITDA margin improved by 50 foundation factors sequentially to 9.4%, supported by sensible income administration, ongoing price-volume-value rebalancing, and targeted cost-control initiatives regardless of elevated commodity costs for edible oil, wheat, maida, cocoa, and cleaning soap noodles.
The cigarettes phase posted a 7.7% YoY enhance in web income at ₹8,520 crore, pushed by differentiated and premium choices, strategic portfolio interventions, and efforts to curb illicit commerce. Nonetheless, margins had been partially weighed down by high-cost leaf tobacco stock, though some moderation in procurement costs was noticed through the present crop cycle.
ITC’s Agri-Enterprise phase grew 39% YoY, pushed by commodity buying and selling and robust leaf tobacco exports, with PBIT up 22%. Regardless of buying and selling restrictions and world volatility, crop experience and nicotine exports supported development.
The Paperboards and Packaging phase rose 7% YoY on greater volumes, however margins had been impacted by muted realizations and excessive wooden prices. Strategic price administration and capability additions aided specialty paper development.
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