FMCG major ITC Ltd posted a 24% year-on-year rise in consolidated revenue from operations to Rs 29,523.30 crore for Q1 FY27, up from Rs 23,821.48 crore a year ago. However, net profit fell 17.5% to Rs 4,508.79 crore, against Rs 5,469.74 crore in Q1 FY26. Total income for the quarter stood at Rs 30,179.01 crore.
The FMCG segment grew 12% year-on-year, led by dairy, snacks, noodles and frozen snacks – each growing over 20% – while personal care delivered mid-teens growth. The cigarette business remained ITC’s strongest performer, with revenue up 38.8% to Rs 16,596.67 crore. The atta business, however, faced headwinds from heatwaves, an LPG shortage and soft wheat prices.
ITC flagged a volatile quarter shaped by West Asia-linked crude oil swings and supply-chain disruptions, alongside elevated input costs across fuel, edible oil, soap noodles and packaging. The company said commodity hedging and inventory planning helped cushion the impact, while cost-management measures and price-volume rebalancing supported margins. Demand stayed resilient across rural and urban markets, though imported inflation and a weak monsoon with lower Kharif sowing remain risks to watch, especially with El Niño potentially intensifying heatwaves.
On the growth front, ITC’s digital-first and organic brands – Yoga Bar, 24 Mantra, Prasuma, Meatigo and Mother Sparsh – crossed an annual recurring revenue of around Rs 1,500 crore, while e-commerce, quick commerce and modern trade channels also posted strong gains.
