Thursday, 30 July 2026 · World
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EUROS The World Financial Report
Nº 19 Thursday, 30 July 2026 · World Edition
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ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?

Markets-Economic Times · 1h ago · 🇮🇳 India
ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?

ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitability. While the FMCG business is likely to deliver healthy growth, brokerages expect pressure from cigarettes and the agri segment to drag overall revenue, EBITDA and profit.

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