ITC (ITC) Q4 25/26 earnings summary

Executive summary

• Consolidated gross revenue grew 10.3% year-over-year for FY26, with EBITDA up 5.4% and PAT up 4.9%.

• Audited standalone and consolidated financial results for the quarter and year ended 31st March 2026 were approved, with unmodified opinions from statutory auditors.

• Q4 FY26 saw consolidated gross revenue rise 17.1% year-over-year, with EBITDA up 6.9% and PAT up 6.1%.

• Strong performance in FMCG, ITC Infotech, Surya Nepal, and ITC Hotels; paper segment rebounded in H2.

• Amalgamation of Sresta Natural Bioproducts and Wimco Limited completed, impacting segment comparability.

Financial highlights

• Standalone revenue from operations for FY26 was ₹84,927 crore, up from ₹77,693 crore year-over-year.

• Consolidated revenue from operations for FY26 was ₹92,339 crore, up from ₹84,142 crore year-over-year.

• Standalone net profit for FY26 was ₹20,286 crore; consolidated net profit was ₹21,018 crore.

• Total dividend for FY26 was ₹14.5 per share, including an interim dividend of ₹6.5.

• Exceptional items included a one-time impact from new labour codes and insurance claim proceeds.

Outlook and guidance

• FY26 real GDP growth for India estimated at 7.6%, with FY27 projected at 6.9%.

• Structural drivers for growth remain strong, but risks from geopolitical disruptions and inflation persist.

• Dividend payout reflects continued strong cash generation.