ITC Q3: Revenue Up 7%, FMCG-Others Surges as Digital Brands Grow
ITC Q3: Revenue Up 7%, FMCG-Others Surges as Digital Brands Grow
ITC posts a solid Q3 with revenue rising 7.1% to ₹21,578 crore and PAT up 9.9%, led by FMCG-Others, digital brands, and an expanding FoodTech venture.
ITC Ltd has reported a solid set of numbers for the third quarter ended December 31, 2025. Consolidated gross revenue rose 7.1% year-on-year to ₹21,578 crore, while profit after tax before exceptional items rose 9.9% to ₹5,284 crore, driven by momentum in FMCG, cigarettes, and the agri-business segments. The FMCG-Others segment posted double-digit growth with revenue up 12.6% and a 42% jump in segment PBIT, with staples, dairy, noodles, biscuits, personal care, and homecare categories leading the charge. ITC also reported a 60% jump in revenue from its digital-first and organic brands including Yogabar, Prasuma, and 24 Mantra, along with strong growth in e-commerce and modern trade channels.
In the cigarettes segment, net revenue rose 7.9%, aided by volume-led growth and performance of differentiated and premium offerings. However, ITC flagged risks from a steep hike in cigarette taxes effective February 1, cautioning it could fuel illicit trade and negatively impact farmers, MSMEs, and government revenue. The agri-business posted a 6.3% revenue growth, led by exports of leaf tobacco and value-added products like coffee and frozen marine goods. Paperboards and packaging delivered an 11% increase in underlying profits despite a planned maintenance shutdown, with initial signs of improvement seen following the imposition of minimum import pricing on paperboard imports.
ITC’s FoodTech venture, part of its long-term strategy, saw GMV double year-on-year to ₹150 crore and expanded its cloud kitchen presence to around 70 outlets across five cities. On the sustainability front, ITC reaffirmed its leadership.
