ITC reported a sharp fall in its consolidated net profit for Q4 FY26, mainly due to a high base in the same quarter last year. The company posted a net profit of ₹5,387 crore, down 72.6% YoY, compared with ₹19,727 crore in Q4 FY25, when the profit included exceptional gains of ₹14,652 crore.
Despite the fall in profit, ITC’s revenue performance remained strong. Revenue from operations rose 17% YoY to ₹23,821 crore, compared with ₹20,376 crore in the same period last year. On a quarter-on-quarter basis, the company’s profit improved 9.2% from ₹4,931 crore in the December quarter.
The company’s cigarette business continued to remain a major revenue contributor, while the non-cigarette FMCG segment also showed healthy growth. ITC’s other FMCG business reported 15% YoY revenue growth, with revenue at ₹6,352 crore.
The board has recommended a final dividend of ₹8 per share for FY26. Along with the earlier interim dividend of ₹6.50 per share, the total dividend for FY26 would stand at ₹14.50 per share.
Overall, ITC’s Q4 numbers look weak at the profit level because of last year’s exceptional gains, but the revenue growth and dividend announcement indicate that the operating business remains steady. Investors will now watch margin trends, FMCG growth momentum and cigarette volume performance closely.
ITC ke Q4 FY26 results headline-wise weak nazar aaye, kyunki company ka consolidated net profit sharply fall hua. ITC ka net profit 72.6% YoY girkar ₹5,387 crore raha, jabki pichle saal same quarter mein profit ₹19,727 crore tha.
Profit mein itni badi girawat ka main reason last year ka high base tha. Q4 FY25 mein ITC ko large exceptional gains mile the, jiski wajah se comparison weak dikh raha hai.
Lekin revenue side par company ka performance strong raha. ITC ka revenue from operations 17% YoY badhkar ₹23,821 crore pahunch gaya, compared to pichle saal ke ₹20,376 crore.
Business segments ki baat karein toh cigarette business company ke liye major revenue contributor bana raha. Saath hi non-cigarette FMCG segment mein bhi healthy growth dekhne ko mili.
Dividend investors ke liye bhi positive update aaya hai. ITC board ne ₹8 per share final dividend recommend kiya hai. Isse FY26 ke liye total dividend ₹14.50 per share ho jayega.
Overall, ITC ka result mixed kaha ja sakta hai. Profit headline weak hai, lekin revenue growth aur dividend announcement positive signals dete hain. Investors ko ab margins, FMCG growth, cigarette volume trend aur valuation par closely focus karna hoga.