FMCG major ITC on Thursday reported a 5% year-on-year (YoY) growth in its standalone net profit at Rs 5,113 crore for the March-ended quarter, compared to Rs 4,875 crore in the year-ago quarter. The company's board has also recommended a final dividend of Rs 8 per share for the financial year ended March 2026ITC has fixed May 27 as the record date for determining shareholders’ eligibility for the dividend.Revenue from operations for the fourth quarter rose 17% YoY to Rs 21,695 crore from Rs 18,495 crore in the same period a year ago.Profit before tax rose 4% YoY to Rs 6,694 crore from Rs 6,417 crore in Q4 FY25. Total expenses during the quarter increased to Rs 15,656 crore from Rs 12,873 crore a year earlier.The increase was largely driven by higher excise duty, raw material costs and other operating expenses.Excise duty during the quarter jumped sharply to Rs 5,644 crore from Rs 1,246 crore in the year-ago period following recent taxation changes in cigarettes. Employee benefit expenses rose 6% YoY to Rs 922 crore, while other expenses increased to Rs 2,928 crore from Rs 2,581 crore.ITC’s cigarettes business remained the largest contributor to profitability. Revenue from the FMCG-cigarettes segment rose 32% YoY to Rs 11,066 crore during the quarter, compared with Rs 8,400 crore a year ago.Segment profit from cigarettes increased 7% YoY to Rs 5,488 crore from Rs 5,118 crore in Q4 FY25. The sharp rise in revenue partly reflected the impact of higher taxation flowing through gross sales.Revenue from FMCG-others rose 15% YoY to Rs 6,304 crore from Rs 5,495 crore in the year-ago quarter. Segment profit jumped to Rs 521 crore from Rs 345 crore last year, reflecting growth of nearly 51%.The business includes packaged foods, personal care, education and stationery products, dairy, beverages and agarbattis.Total FMCG revenue increased 25% YoY to Rs 17,370 crore, while total FMCG segment profit rose 10% to Rs 6,009 crore.The agri business remained weak during the quarter. Segment revenue declined 16% YoY to Rs 3,075 crore from Rs 3,649 crore in the corresponding period last year. Segment profit also fell sharply to Rs 179 crore from Rs 255 crore, a decline of around 30%.The business continued to face pressure from export disruptions and weaker trading opportunities.The paperboards, paper and packaging business reported a stable performance. Revenue from the segment rose 2% YoY to Rs 2,228 crore from Rs 2,188 crore. Segment profit increased 21% to Rs 245 crore from Rs 202 crore a year earlier.For FY26, ITC reported revenue from operations of Rs 81,640 crore, up 10% from Rs 74,238 crore in FY25. Profit from continuing operations for the year stood at Rs 20,286 crore, compared with Rs 20,093 crore in the previous financial year.