Key Highlights
- ITC announces interim dividend of ₹6.50 per share for FY26.
- Standalone revenue rises 6.3 percent year on year to ₹19,200 crore.
- Standalone PAT before exceptional items increases 6.8 percent year on year.
- Consolidated revenue grows 7.1 percent year on year to ₹21,578 crore.
- Consolidated PAT before exceptional items rises 9.9 percent year on year.
Standalone Financial Performance
ITC Limited reported steady standalone performance for the quarter ended December 31, 2025, supported by margin expansion and growth across core FMCG categories. Standalone gross revenue increased 6.3 percent year on year to ₹19,200 crore, compared with ₹18,055 crore in the corresponding quarter last year.
Standalone EBITDA rose 7.6 percent year on year to ₹6,271 crore, while EBITDA margin improved by 50 basis points to 35.1 percent. Profit after tax before exceptional items grew 6.8 percent year on year to ₹5,294 crore. After accounting for exceptional items related to labour code–linked wage cost adjustments, reported standalone PAT stood at ₹5,089 crore.
The FMCG Others segment remained the key growth driver, recording double digit revenue growth of 11 percent year on year. The segment also reported a sharp 145 basis point expansion in EBITDA margin, driven by calibrated pricing, premiumisation and cost efficiency measures. Growth was broad based across staples, biscuits, noodles, dairy, personal wash, homecare and agarbattis, with digital first and organic brands posting around 60 percent year on year growth.
The cigarettes business delivered sustained volume led growth, with net segment revenue rising 7.9 percent year on year, supported by strong performance in premium and differentiated offerings. The agri business segment reported revenue growth of 6.3 percent year on year, led by value added agri products and leaf tobacco exports. The paperboards paper and packaging segment saw continued improvement in operating performance despite industry headwinds.
Consolidated Financial Performance
On a consolidated basis, ITC reported gross revenue of ₹21,578 crore for Q3 FY26, marking a 7.1 percent year on year increase over ₹20,140 crore in the year ago period. Consolidated EBITDA rose 8.2 percent year on year to ₹6,883 crore.
Consolidated profit before tax before exceptional items increased 8.8 percent year on year to ₹7,109 crore, while consolidated profit after tax before exceptional items grew 9.9 percent year on year to ₹5,284 crore. After exceptional items, consolidated PAT stood at ₹5,018 crore.
The consolidated performance was supported by robust contribution from group entities, including ITC Infotech, Surya Nepal and ITC Hotels, alongside steady performance across FMCG, agri business and packaging operations.