31 July 2026 at 11:29 pm
Summary
ITC's Q1 net profit dropped by 27% to ₹3,579 crore, primarily due to high taxes on cigarettes. The government's decision to increase excise duty and other taxes on cigarettes significantly impacted the company's margins, as this business is a major contributor to its profit.
ITC Q1 Results: Standalone Profit Falls 27% to Rs 3,579 Crore, Revenue Grows 28%
1 Aug 2026, 1:39 am · Finance
ITC Q1 Profit Falls Due to Cigarette Tax Hike and Agricultural Slowdown
1 Aug 2026, 1:39 am · Finance
ITC Q1 Results: Consolidated Profit Drops 16% to ₹4,394 Crore, Cigarette Revenue Surges 81%
31 Jul 2026, 11:33 pm · earnings
ITC Q1 Results: Cigarette Volumes Expected to Fall Sharply Due to Taxation
31 Jul 2026, 3:27 pm · Finance
ITC Q1 Results Preview: Analysts Anticipate Weak Quarter Due to Cigarette Tax Hikes, Agri Segment Pressure
31 Jul 2026, 1:26 pm · Earnings
ITC Q1 Preview: Will Cigarette Tax Shock Drag Profit Lower Despite FMCG Strength?
30 Jul 2026, 1:01 pm · Uncategorized
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