Quarterly results · ITC
ITC LTD reported revenue of ₹30,578 cr and net profit of ₹4,229 cr in Q2 FY27 (quarter ended 30 Sept 2026). Below is the full quarter-wise results table with revenue, operating profit, margins, tax, EPS and annual history — updated when Yahoo Finance publishes updated financial statements; exchange filings can appear earlier.
Next results date
2 Nov 2026
To consider and approve the financial results for the period ended September 30, 2026
| Quarter | Q2 FY27 |
|---|---|
| Quarter ended | 30 Sept 2026 |
| Revenue | ₹30,578 cr |
| Revenue YoY | — |
| Operating profit | ₹5,154 cr |
| Operating margin | 16.9% |
| Net profit | ₹4,229 cr |
| Net profit YoY | — |
| Net profit QoQ | -3.8% |
| Net margin | 13.8% |
| Basic EPS | ₹3.32 |
| TTM revenue | ₹87,126 cr |
| TTM net profit | ₹18,943 cr |
| TTM net margin | 21.7% |
ITC LTD (ITC) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹30,578 cr and a net profit of ₹4,229 cr, translating into earnings per share of ₹3.32.
Operating profit for the quarter stood at ₹5,154 cr, an operating margin of 16.9%.
Revenue
₹30,578 cr
— YoY
Net profit
₹4,229 cr
— YoY
Operating profit
₹5,154 cr
— YoY
EPS
₹3.32
— YoY
Swipe sideways to see all columns →
| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|---|---|---|---|---|---|---|---|
| Q2 FY272026-09-30 | ₹30,578 cr | ₹5,154 cr | ₹4,229 cr | 16.9% | 13.8% | ₹3.32 | — | -3.8% |
| Q1 FY272026-06-30 | ₹19,001 cr | ₹4,753 cr | ₹4,394 cr | 25.0% | 23.1% | ₹3.51 | -16.2% | -18.4% |
| Q4 FY262026-03-31 | ₹17,629 cr | ₹6,502 cr | ₹5,388 cr | 36.9% | 30.6% | ₹4.30 | +9.3% | +9.3% |
| Q3 FY262025-12-31 | ₹19,918 cr | ₹6,452 cr | ₹4,931 cr | 32.4% | 24.8% | ₹3.94 | — | -6.0% |
| Q1 FY262025-06-30 | ₹21,373 cr | ₹6,394 cr | ₹5,244 cr | 29.9% | 24.5% | ₹4.19 | — | +6.3% |
| Q4 FY252025-03-31 | ₹19,918 cr | ₹6,452 cr | ₹4,931 cr | 32.4% | 24.8% | ₹3.94 | — | — |
| TTM (last 4 quarters) | ₹87,126 cr | ₹22,861 cr | ₹18,943 cr | 26.2% | 21.7% | ₹15.07 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|---|---|---|---|---|---|
| Revenue / Sales | ₹30,578 cr | ₹19,001 cr | ₹17,629 cr | ₹19,918 cr | ₹21,373 cr | ₹19,918 cr |
| Total expenses | ₹25,462 cr | ₹14,248 cr | ₹11,127 cr | ₹13,467 cr | ₹14,979 cr | ₹13,467 cr |
| Gross profit | — | ₹10,110 cr | ₹11,871 cr | ₹11,501 cr | ₹11,142 cr | ₹11,501 cr |
| Operating profit (EBIT) | ₹5,154 cr | ₹4,753 cr | ₹6,502 cr | ₹6,452 cr | ₹6,394 cr | ₹6,452 cr |
| Operating margin | 16.9% | 25.0% | 36.9% | 32.4% | 29.9% | 32.4% |
| Interest cost | ₹38.27 cr | ₹39.78 cr | ₹29.18 cr | ₹19.47 cr | ₹16.47 cr | ₹19.47 cr |
| Profit before tax | ₹5,598 cr | ₹5,861 cr | ₹7,173 cr | ₹6,754 cr | ₹7,128 cr | ₹6,754 cr |
| Tax expense | ₹1,465 cr | ₹1,352 cr | ₹1,703 cr | ₹1,736 cr | ₹1,785 cr | ₹1,736 cr |
| Effective tax rate | 26.2% | 23.1% | 23.7% | 25.7% | 25.0% | 25.7% |
| Net profit (PAT) | ₹4,229 cr | ₹4,394 cr | ₹5,388 cr | ₹4,931 cr | ₹5,244 cr | ₹4,931 cr |
| Net profit margin | 13.8% | 23.1% | 30.6% | 24.8% | 24.5% | 24.8% |
| Basic EPS | ₹3.32 | ₹3.51 | ₹4.30 | ₹3.94 | ₹4.19 | ₹3.94 |
| Diluted EPS | — | ₹3.51 | ₹4.30 | ₹3.94 | ₹4.18 | ₹3.94 |
| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|---|
| Revenue YoY | — | -11.1% | -11.5% | — | — | — |
| Revenue QoQ | +60.9% | +7.8% | -11.5% | -6.8% | +7.3% | — |
| Operating profit YoY | — | -25.7% | +0.8% | — | — | — |
| Operating profit QoQ | +8.4% | -26.9% | +0.8% | +0.9% | -0.9% | — |
| Net profit YoY | — | -16.2% | +9.3% | — | — | — |
| Net profit QoQ | -3.8% | -18.4% | +9.3% | -6.0% | +6.3% | — |
| EPS YoY | — | -16.2% | +9.1% | — | — | — |
| EPS QoQ | -5.4% | -18.4% | +9.1% | -6.0% | +6.3% | — |
Full-year performance for ITC LTD, useful for reading each quarter in context.
| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|---|---|---|---|
| Revenue / Sales | ₹78,213 cr | ₹74,653 cr | ₹67,391 cr | ₹70,245 cr |
| Total expenses | ₹52,618 cr | ₹50,460 cr | ₹43,722 cr | ₹46,349 cr |
| Gross profit | ₹45,212 cr | ₹42,277 cr | ₹40,045 cr | ₹40,785 cr |
| Operating profit (EBIT) | ₹25,596 cr | ₹24,193 cr | ₹23,669 cr | ₹23,897 cr |
| Operating margin | 32.7% | 32.4% | 35.1% | 34.0% |
| Interest cost | ₹85.17 cr | ₹45.06 cr | ₹39.11 cr | ₹43.2 cr |
| Profit before tax | ₹28,033 cr | ₹26,927 cr | ₹26,400 cr | ₹25,915 cr |
| Tax expense | ₹7,015 cr | ₹6,890 cr | ₹6,209 cr | ₹6,438 cr |
| Effective tax rate | 25.0% | 25.6% | 23.5% | 24.8% |
| Net profit (PAT) | ₹20,689 cr | ₹34,747 cr | ₹20,459 cr | ₹19,192 cr |
| Net profit margin | 26.5% | 46.5% | 30.4% | 27.3% |
| Basic EPS | ₹16.52 | ₹27.79 | ₹16.42 | ₹15.50 |
| Diluted EPS | ₹16.51 | ₹27.75 | ₹16.38 | ₹15.46 |
Topline for Q2 FY27 came in at ₹30,578 cr, and ₹19,001 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +60.9%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹25,462 cr, or 83.3% of revenue.
Net profit of ₹4,229 cr works out to a net margin of 13.8%.
Below the operating line, ITC LTD reported profit before tax of ₹5,598 cr, a tax charge of ₹1,465 cr (effective rate 26.2%), interest cost of ₹38.27 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹4,394 cr in Q1 FY27 to ₹4,229 cr in Q2 FY27, a change of -3.8%.
Across the trailing four quarters ITC LTD has generated revenue of ₹87,126 cr and net profit of ₹18,943 cr, a trailing net margin of 21.7%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹78,213 cr with net profit of ₹20,689 cr and EPS of ₹16.52, versus the prior year where revenue grew +4.8% and profit declined -40.5%.
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
ITC LTD has intimated the exchange that its board meets on 2 Nov 2026 to approve financial results. The figures shown here update when Yahoo Finance publishes the corresponding statement data, which can lag the filing.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
ITC Limited Q2 FY27 consolidated results: revenue from operations of ₹30,578 cr and net profit of ₹4,229 cr.
ITC reported a 16% YoY decline in Q1 FY27 consolidated profit to ₹4,394 crore despite a strong 28% rise in revenue. Cigarette business revenue surged over 80%, while FMCG and paper businesses delivered healthy growth.
In Q2 FY27 (quarter ended 30 Sept 2026), ITC LTD reported revenue of ₹30,578 cr and net profit of ₹4,229 cr. EPS stood at ₹3.32.
ITC LTD posted a net profit margin of 13.8% and an operating margin of 16.9% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹87,126 cr and net profit ₹18,943 cr.
ITC LTD net profit changed -3.8% quarter on quarter, from ₹4,394 cr in Q1 FY27 to ₹4,229 cr in Q2 FY27.
The board of ITC LTD meets on 2 Nov 2026 to consider and approve the financial results, as per the exchange filing.
Our latest ITC results coverage — "ITC Limited Q2 FY27 Results: Net Profit ₹4,229 cr" — breaks down revenue, profit, margins and management commentary.
For FY26, ITC LTD reported full-year revenue of ₹78,213 cr and net profit of ₹20,689 cr, with EPS of ₹16.52.
Past results dates for ITC will be listed here from the exchange calendar.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 3 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
