ITC FY26 revenue rises 10.1% to ₹80,867 crores
ITC Limited reported a gross revenue of ₹80,867.49 crores for FY26, a 10.1% increase from the previous year. Profit After Tax stood at ₹20,286.42 crores. The Board recommended a final dividend of ₹8.00 per share.

*this image is generated using AI for illustrative purposes only.
ITC Limited has submitted its Report and Accounts for the financial year ended 31st March, 2026, including the Business Responsibility and Sustainability Report (BRSR), to the National Stock Exchange of India Limited and BSE Limited. The filing was made in compliance with Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company's 115th Annual General Meeting is scheduled for 23rd July, 2026.
FY26 Standalone Financial Performance
ITC delivered a resilient performance during the year amidst a challenging macroeconomic and operating environment. The following table summarises the key standalone financial metrics:
| Metric | FY 2025-26 | FY 2024-25 | Change |
|---|---|---|---|
| Gross Revenue | ₹80,867.49 crores | ₹73,466.61 crores | +10.1% |
| EBITDA | ₹25,208.22 crores | — | +4.9% |
| Profit Before Exceptional Items and Tax | ₹26,951.47 crores | — | +3.7% |
| Profit After Tax | ₹20,286.42 crores | ₹20,093.29 crores | — |
| Total Comprehensive Income | ₹19,476.46 crores | — | — |
| Earnings Per Share (Basic) | ₹16.20 | ₹16.07 | — |
The Board has recommended a Final Dividend of ₹8.00 per share for FY 2025-26. Together with the Interim Dividend of ₹6.50 per share paid on 27th February, 2026, the total dividend for the year amounts to ₹14.50 per share, compared to ₹14.35 per share in the previous year. Total cash outflow on account of dividend (including Interim Dividend of ₹8,144.00 crores paid in February 2026) will be ₹18,167.57 crores.
Segment Performance
ITC's diversified business portfolio showed broad-based performance across segments during FY 2025-26.
| Segment | Revenue (FY26) | YoY Growth |
|---|---|---|
| FMCG-Others (Segment Revenue) | ₹24,209.75 crores | +10.1% |
| FMCG-Others (Segment Results) | ₹1,802.63 crores | +14.1% |
- FMCG-Cigarettes sustained growth momentum driven by differentiated and premium offerings, with strategic portfolio interventions to counter illicit trade. The unprecedented increase in GST and Central Excise duty effective 1st February, 2026 presented significant challenges for the legal cigarette industry.
- FMCG-Others delivered strong double-digit revenue growth. Revenue and Results grew by 13.6% and 46.4%, respectively, in the second half of the year. All major categories including Staples, Biscuits, Noodles, Dairy, Premium Personal Wash, Homecare, and Incense Sticks witnessed broad-based growth.
- Agri Business delivered a resilient performance despite global trade disruptions and geopolitical uncertainty. The Leaf Tobacco business consolidated its position as the largest Indian exporter of unmanufactured tobacco.
- Paperboards, Paper & Packaging operated in a challenging environment with low-priced Chinese and Indonesian supplies and elevated wood costs. Performance improved in the second half aided by moderation in wood prices and the imposition of a Minimum Import Price (MIP) on imports of Virgin Paperboards.
Key Strategic Developments
Several significant corporate developments were completed during FY 2025-26:
| Development | Details |
|---|---|
| Sresta Natural Bioproducts (24 Mantra Organic) | Acquired and amalgamated with ITC effective respective Appointed Dates |
| Wimco Limited | Amalgamated with ITC effective respective Appointed Dates |
| Ample Foods Private Limited (Prasuma & Meatigo) | ITC acquired 43.75% stake on 4th April, 2025 |
| Century Pulp and Paper Undertaking | Business Transfer Agreement signed for up to ₹3,500.00 crores; key statutory approvals received |
| ITC Infotech India Limited (consolidated) | Revenue from Operations of ₹4,835.00 crores (previous year ₹4,244.83 crores); ~14% revenue growth |
Sustainability and ESG Highlights
ITC sustained its position as a global sustainability leader, maintaining Carbon Positive status for 21 years, Water Positive for 24 years, and Solid Waste Recycling Positive for 19 years. The Company achieved an overall renewable energy share of 51% during FY 2025-26 and remained plastic neutral for the fifth consecutive year, sustainably managing over 72,500 MT of plastic waste.
ITC's businesses and value chains support 90 lakh sustainable livelihoods. The Company sustained its 'AA' rating from MSCI ESG for the eighth consecutive year and continued to feature in the Dow Jones Best-in-Class (DJ BIC) Emerging Markets Index. As at 31st March, 2026, the Company's market capitalisation stood at ₹3,60,473 crores (US$ 38.01 Billion).
Subsidiary Performance Highlights
| Subsidiary | Revenue from Operations | Net Profit |
|---|---|---|
| Surya Nepal Private Limited (consolidated) | NRs. 5,669 crores | NRs. 1,289 crores |
| ITC Infotech India Limited | ₹3,488.76 crores | ₹497.08 crores |
| Technico Agri Sciences Limited | ₹416.16 crores | ₹79.89 crores |
| North East Nutrients Private Limited | ₹158.44 crores | ₹11.00 crores |
| ITC IndiVision Limited (Total Income) | ₹69.31 crores | — |
| Russell Credit Limited (Total Income) | ₹75.10 crores | ₹51.12 crores |
Corporate Governance
The Board comprises 16 Directors including the Chairman & Managing Director, three Executive Directors, eight Non-Executive Independent Directors (of which two are Women Directors), and four Non-Executive Non-Independent Directors. Five Board meetings were held during FY 2025-26. The Statutory Auditors, Messrs. S R B C & CO LLP, have issued an unmodified audit opinion on the Company's Financial Statements for the year ended 31st March, 2026. Total fees paid to the Statutory Auditors and their network entities aggregated ₹6.87 Crores during the year.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE154A01025/bdd7d6f2-e17f-46b4-b5a1-2e3fe30d37ab.pdf
Historical Stock Returns for ITC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.12% | -0.26% | -3.88% | -28.68% | -30.01% | +50.83% |
How will the unprecedented GST and Central Excise duty hikes implemented in February 2026 impact ITC's cigarette segment margins and pricing strategy in FY27?
What is the expected timeline for realizing synergies and revenue contributions from the recent acquisitions of Sresta Natural Bioproducts and the stake in Ample Foods?
Will the improvement in the Paperboards segment due to the Minimum Import Price and wood cost moderation be sustainable amidst continued global competition?
































