{"id":171793,"date":"2025-10-24T04:17:28","date_gmt":"2025-10-24T08:17:28","guid":{"rendered":"https:\/\/44.250.171.167\/?p=171793"},"modified":"2025-10-24T04:17:28","modified_gmt":"2025-10-24T08:17:28","slug":"itc-q2-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/itc-q2-fy26-earnings-results\/","title":{"rendered":"ITC Q2 FY26 Earnings Results"},"content":{"rendered":"<p>ITC Limited, established in 1910, is India&#8217;s largest cigarette manufacturer and a diversified conglomerate operating across FMCG, Paperboards, Packaging, and Agri-Business segments.<\/p>\n<h2><strong>Q2 FY26 Financial Overview:<\/strong><\/h2>\n<ul>\n<li>Revenue for Q2 FY26 was \u20b91,520 crore, down 6.11% from \u20b91,619 crore last year.<\/li>\n<li>Total expenses decreased 6.27% to \u20b91,092 crore from \u20b91,165 crore, reflecting disciplined cost management.<\/li>\n<li>Net <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/c74330d7-c3ce-42ba-9894-539c10631c7a.pdf\" target=\"_blank\" rel=\"noopener\">profit<\/a> declined by 16.96% to \u20b9328 crore from \u20b9395 crore in the same quarter last year.<\/li>\n<li>Earnings per share (EPS) fell 17.08% to \u20b912.04 from \u20b914.52.<\/li>\n<\/ul>\n<h2><strong>Key Highlights:<\/strong><\/h2>\n<ul>\n<li>The decline in profit was driven by increased excise duties, higher marketing spends, and intense competition from rivals like HUL and Dabur.<\/li>\n<li>Despite softer revenues, ITC\u2019s margins remained stable due to efficient cost controls and a premiumization strategy.<\/li>\n<li>The company\u2019s FMCG foods segment showed resilience, especially in packaged foods and quick-service restaurant supplies.<\/li>\n<\/ul>\n<h2><strong>Outlook:<\/strong><\/h2>\n<ul>\n<li>Management expects gradual recovery in revenue growth driven by portfolio innovation, expansion into new categories, and premium product offerings.<\/li>\n<li>Focus remains on cost-efficiency, brand repositioning, and increasing share in high-margin segments like packaged foods and personal care.<\/li>\n<li>ITC plans to increase advertising and branding investments to regain market share and drive long-term sustainable growth.<\/li>\n<li>The upcoming festive season is expected to boost sales in several categories, aiding a potential recovery in profit margins in the next quarter.<\/li>\n<\/ul>\n<p>Despite the profit decline in Q2 FY26, ITC continues to leverage its diversified portfolio, strong brand equity, and market leadership to recover and expand in the competitive FMCG landscape during the remainder of FY26.<\/p>\n<p>Explore the company\u2019s past earnings and latest concall transcripts, <a href=\"https:\/\/44.250.171.167\/symbol\/itc\/\">click here<\/a> to visit the AlphaStreet India News Channel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-171794\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT.png\" alt=\"Q2 FY26\" width=\"1489\" height=\"1817\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT.png 1489w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT-1259x1536.png 1259w\" sizes=\"auto, (max-width: 1489px) 100vw, 1489px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITC Limited, established in 1910, is India&#8217;s largest cigarette manufacturer and a diversified conglomerate operating across FMCG, Paperboards, Packaging, and Agri-Business segments. Q2 FY26 Financial Overview: Revenue for Q2 FY26 was \u20b91,520 crore, down 6.11% from \u20b91,619 crore last year. Total expenses decreased 6.27% to \u20b91,092 crore from \u20b91,165 crore, reflecting disciplined cost management. Net [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":171794,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9723],"class_list":["post-171793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-fmcg"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/IT.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178424,"url":"https:\/\/alphastreet.com\/india\/itc-q3-fy26-earnings-results\/","url_meta":{"origin":171793,"position":0},"title":"ITC Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 30, 2026","format":false,"excerpt":"Executive Summary ITC Ltd reported Q3FY26 revenues of \u20b920,047 crore, up 6.69% YoY, with consolidated net profit stable at \u20b95,018 crore (up 0.1%). Total expenses rose 5.92% YoY to \u20b913,615 crore, reflecting balanced growth across FMCG and cigarette segments. Revenue & Growth Revenues increased to \u20b920,047.00 crore in Q3FY26 from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ITC.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172088,"url":"https:\/\/alphastreet.com\/india\/godfrey-phillips-q2-fy26-earnings-results\/","url_meta":{"origin":171793,"position":1},"title":"Godfrey Phillips Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 4, 2025","format":false,"excerpt":"Godfrey Phillips India Ltd, a leading FMCG company known for distributing the Marlboro brand in India, reported a robust Q2 FY26 performance marked by improved profitability despite a slight dip in revenues. Financial Highlights: Revenues declined 5.22% year on year to \u20b91,289 crore from \u20b91,360 crore. Total expenses decreased 9.52%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GD.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135009,"url":"https:\/\/alphastreet.com\/india\/itc-limited-q2fy23-revenue-growth-of-25-driven-by-fmcg-agri-business\/","url_meta":{"origin":171793,"position":2},"title":"ITC Limited Q2FY23; Revenue Growth of 25% Driven by FMCG &#038; Agri-Business","author":"Hardik Bhandare","date":"October 21, 2022","format":false,"excerpt":"ITC Limited (NSE: ITC) reported Revenue from Operations for Q2 FY23 of \u20b918,608 Crore up from \u20b914,844.38 Crore year on year, a 25% growth rate. The Revenue was driven by FMCG & Agri-Business segment which increased 22% & 43% respectively.\u00a0Consolidated Net Profit of \u20b94,670.32 Crore, up 24% from \u20b93,763.73 Crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/8662ac8f-d8bb-4b82-ada2-aa4e7f11406a-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171463,"url":"https:\/\/alphastreet.com\/india\/avenue-supermarts-ltd-q2-fy26-earnings-results\/","url_meta":{"origin":171793,"position":3},"title":"Avenue Supermarts Ltd Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 13, 2025","format":false,"excerpt":"Company Overview Avenue Supermarts Limited (DMart) is a national supermarket chain focused on value retailing. The company offers a wide range of products concentrating on Foods, Non-Foods (FMCG), General Merchandise, and Apparel categories. Presenting below its Q2 FY26 Earnings Results. Financial Highlights for Q2 FY26 Earnings Revenue: \u20b916,676.00 crore, up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"DMART Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/DMART.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172578,"url":"https:\/\/alphastreet.com\/india\/bajaj-electricals-q2-fy26-earnings-results\/","url_meta":{"origin":171793,"position":4},"title":"Bajaj Electricals Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 20, 2025","format":false,"excerpt":"Bajaj Electricals Limited, part of the Bajaj Group and a leading FMEG player with diversified presence across consumer products and EPC segments including brands like Morphy Richards and Nirlep, reported a drop in profits for Q2FY26. Financial Highlights: Revenues declined 1.0% year-on-year to \u20b91,107.14 crore from \u20b91,118.33 crore. Total expenses\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/BAJ.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172821,"url":"https:\/\/alphastreet.com\/india\/bikaji-foods-q2-fy26-earnings-results\/","url_meta":{"origin":171793,"position":5},"title":"Bikaji Foods Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 1, 2025","format":false,"excerpt":"Bikaji Foods International Ltd , one of India's largest FMCG brands offering bhujia, namkeen, packaged sweets, papad, western snacks, and other ethnic snacks, reported solid financial results for Q2FY26. Financial Highlights: Revenues increased 15.12% year-on-year to \u20b9830 crore from \u20b9721 crore, driven by 10.8% volume growth and packaged sweets expansion.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/BIKAJI.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=171793"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/171794"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=171793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=171793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=171793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}