ITC's Q2 FY 2025-26 Quarterly Results

Result Summary

• ITC Ltd reported a 9.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.5%.
• Its expenses for the quarter were down by 12.3% QoQ and 4.4% YoY.
• The net profit decreased 2.9% QoQ and increased 2.6% YoY.
• The earnings per share (EPS) of ITC Ltd stood at 4.09 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
ITC Ltd is a prominent Indian conglomerate with a diversified presence across various sectors, including Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Packaging, Agri-Business, and Information Technology. As one of the largest corporations in India, ITC is known for its extensive product portfolio, including popular brands in packaged foods, personal care, and lifestyle retailing. The company continues to expand its footprint across traditional and emerging sectors, focusing on innovation and sustainability. While detailed information on recent major developments is not available here, ITC's strategic initiatives often emphasize enhancing shareholder value and contributing to environmental and social goals.

## Revenue
In Q2FY26, ITC Ltd reported total income of ₹20,086.03 crores, reflecting a quarter-over-quarter (QoQ) decline of 9.4% from ₹22,177.00 crores in Q1FY26. When compared to the same period last year (Q2FY25), total income decreased by 2.5% from ₹20,601.23 crores. This year-over-year (YoY) change indicates a moderate decrease in revenue generation compared to the previous year. The data reflects the company's revenue performance over the specified periods, with a focus on both short-term and annual changes.

## Profitability
For Q2FY26, ITC Ltd's profit before tax stood at ₹6,912.32 crores, marking a slight QoQ decrease of 2.1% from ₹7,059.25 crores in Q1FY26. On a YoY basis, profit before tax increased by 2.7% from ₹6,732.04 crores in Q2FY25. The company's tax expense for Q2FY26 was ₹1,792.13 crores, relatively stable with a minimal QoQ increase of 0.4% and a YoY increase of 2.0%. Consequently, the profit after tax was ₹5,186.55 crores, reflecting a decrease of 2.9% QoQ but an increase of 2.6% YoY. These metrics provide insight into ITC's profitability fluctuations within the specified timeframe.

## Operating Metrics
In the second quarter of fiscal year 2026, ITC Ltd recorded total expenses of ₹13,261.79 crores, indicating a QoQ reduction of 12.3% from ₹15,117.75 crores in the previous quarter. On a YoY comparison, expenses decreased by 4.4% from ₹13,869.19 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 was ₹4.09, representing a QoQ decline of 2.2% from ₹4.18 in Q1FY26, while YoY it increased by 2.5% from ₹3.99 in Q2FY25. These operating metrics reflect the company's cost management and shareholder returns over the specified periods, highlighting the changes in operational expenses and earnings distribution.