ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twenty-eight percent increase during the same period. This financial performance covers the April to June quarter of the fiscal year twenty twenty-seven. The company's standalone net profit stood at rupees three thousand five hundred seventy-nine crore. Revenue from operations reached rupees twenty-six thousand nine hundred forty-three crore for the quarter.

ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitability. While the FMCG business is likely to…

ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twenty-eight percent increase during the…