ITC Q4 2026 Results: PAT Fall 72%, Declared ₹8 Dividend
ITC reported strong revenue growth in Q4 FY26 driven by cigarettes and FMCG businesses, while profit declined sharply due to a high base effect from the hotels demerger gain.
On 21 May, ITC reported steady growth in the March quarter, supported by higher cigarette revenues, growth in FMCG businesses, and improvement in paperboards and packaging operations.
ITC Q4 2026 Results Highlights
ITC reported steady revenue growth in Q4 FY26, with revenue from operations rising 16.91% YoY and net profit increasing 9.26% from Q3..
|
Metric |
Q4 FY26 |
Q3 FY26 |
QoQ % |
Q4 FY25 |
YoY % |
|
Revenue from Ops (₹ Cr) |
23,821.48 |
21,706.64 |
9.74% |
20,376.36 |
16.91% |
|
Total Income (₹ Cr) |
24,406.63 |
22,280.68 |
9.54% |
21,016.62 |
16.13% |
|
Net Profit (₹ Cr) |
5,387.97 |
4,931.19 |
9.26% |
19727.3 |
72.69% |
Source: NSE filing, ITC FY26 Consolidated Annual Results
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Consolidated revenue from operations for Q4 FY26 stood at ₹23,821.48 crore, rising 16.91% from ₹20,376.36 crore in Q4 FY25 and 9.74% from Q3 FY26.
-
Total income came in at ₹24,406.63 crore during the quarter, registering a growth of 16.13% YoY compared to ₹21,016.62 crore in the year-ago period. Total income increased 9.54% from Q3 FY26.
-
Consolidated profit attributable to owners of the parent stood at ₹5,387.97 crore in Q4 FY26, compared to ₹4,931.19 crore in Q3 FY26. Profit increased 9.26% QoQ.
-
The sharp decline in consolidated profit on a YoY basis was mainly due to a one-time gain of around ₹15,179 crore that ITC had recorded in Q4 FY25 after the demerger of its hotels business.
ITC Q4 2026 Segment-wise Revenue
ITC’s cigarette business continued to remain the largest contributor during the quarter with segment revenue of ₹11,951.72 crore, up from ₹9,228.66 crore in Q4 FY25. FMCG-Others segment revenue rose to ₹6,352.41 crore.
While Agri Business revenue declined on a YoY basis. Paperboards, Paper & Packaging business reported stable growth during the quarter.
|
Segment |
Q4 FY26 (₹ Cr) |
Q4 FY25 (₹ Cr) |
YoY % |
|
FMCG - Cigarettes |
11,951.72 |
9,228.66 |
29.51% |
|
FMCG - Others |
6,352.41 |
5,503.33 |
15.43% |
|
Agri Business |
3,166.65 |
3,694.64 |
-14.29% |
|
Paperboards, Paper & Packaging |
2,228.61 |
2,188.69 |
1.82% |
|
Others |
1,305.26 |
1,164.99 |
12.04% |
Source: NSE filing, ITC FY26 Consolidated Annual Results
ITC Full-Year FY26 Performance Remained Strong
ITC reported steady growth in revenue and profitability during FY26, supported by its diversified business portfolio and strong FMCG performance.
|
Metric |
FY26 |
FY25 |
YoY Change |
|
Consolidated Revenue (₹ Cr) |
89,913.33 |
81,612.78 |
10.17% |
|
Consolidated Net Profit (₹ Cr) |
20689.47 |
34746.63 |
-40.46% |
|
Operating Cash Flow (₹ Cr) |
18464.31 |
17627.04 |
4.75% |
Source: NSE filing, ITC FY26 Consolidated Annual Results
ITC Dividend 2026 and ITC Stock Performance Today
The board recommended a final dividend of ₹8 per ordinary share of face value ₹1 each for FY26. Including the interim dividend of ₹6.50 per share declared earlier, total dividend for FY26 stands at ₹14.50 per share.
As of 21 May, 3.30 PM
Ahead of the results announcement, ITC shares closed marginally higher. However, on a year-to-date basis, the stock is down nearly 15%. Over the one year from 21 May 2025 to 21 May 2026, ITC's share price has declined 29%.