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The FMCG segment exhibited resilience with a 4.0 per cent YoY growth in revenue, amounting to Rs 5,418 crores
ITC Ltd. has reported a strong financial performance for the quarter, overcoming inflationary pressures and muted demand conditions. The company’s Gross Revenue stood at Rs 18,953 crores, marking an 8.4 per cent year-on-year (YoY) growth. Profit Before Tax (PBT) before exceptional items were reported at Rs 6,847 crores, while Profit After Tax (PAT) reached Rs. 5,638 crores. The quarter’s Earnings Per Share (EPS) stood at Rs 4.51.
The FMCG segment exhibited resilience with a 4.0 per cent YoY growth in revenue, amounting to Rs 5,418 crores. Excluding the notebooks business, growth stood at 5.2 per cent YoY. Categories such as atta, spices, snacks, frozen snacks, dairy, premium personal wash, home care, and agarbatti contributed significantly to this growth.
Despite severe inflationary headwinds in key inputs like edible oil, wheat, maida, potato, cocoa, and packaging materials, ITC successfully mitigated cost pressures through strategic pricing, cost management, and premiumisation. The company also maintained competitive marketing investments to sustain growth and market presence.
ITC continued to invest in its deep and wide multi-channel distribution network, leveraging emerging retail channels such as e-commerce, quick commerce, and modern trade. Tailored channel-specific assortments and category-specific strategies helped drive growth. Additionally, the company inaugurated its third Ancillary Manufacturing cum Logistics Facility (AMLF) at Panchla, reinforcing its commitment to minimizing total delivered costs and enhancing market responsiveness.
Aashirvaad Atta: Continued its leadership in the branded atta industry, with strong growth in value-added offerings such as multigrain atta. The brand launched a digital ad campaign promoting digestive wellness.
Sunrise Spices: Registered strong growth, expanding its market presence in West Bengal, North East, Bihar, and Jharkhand. The brand introduced new spice variants and released a culture-centric music video during Chhath Puja.
Sunfeast Biscuits & Cakes: Strengthened its portfolio with the launch of ‘Sunfeast Wowzers,’ a 14-layered cracker enrobed in cream. The ‘Mom’s Magic’ range saw strong consumer engagement.
YiPPee! Noodles: Retained its position as a strong No. 2 player in the market. The newly launched YiPPee! Korean Noodles received excellent consumer feedback.
Bingo! Snacks: Entered the Popped Chips segment with healthier variants and partnered with the All India Pickleball Association for sports promotion.
ITC Master Chef Frozen Foods: Witnessed robust growth in retail and food service channels, offering over 60 differentiated products.
Aashirvaad Svasti Dairy & Beverages: Delivered strong growth with fresh milk, curd, lassi, and paneer, leveraging regional festivals for consumer engagement.
Despite challenges posed by inflation and competitive market dynamics, ITC remains committed to innovation, distribution expansion, and strategic cost management. The company’s continued investment in emerging consumer trends and digital engagement strategies positions it for sustained growth in the coming quarters.