ITC posts in-line annual results, dividend edged up
Revenue rose ~9%, net profit marginally higher; final dividend ₹8.00 vs ₹7.85 last year. Total annual payout ₹14.50 per share.
— 2 earlier stories on ITC Ltd. →What's new with ITC Ltd.
- Consolidated revenue grew ~9% in FY25-26.
- Continuing operations net profit saw a marginal increase.
- Board recommended final dividend of ₹8.00 per share, total annual ₹14.50.
Why this matters for ITC Ltd.
For a ₹3.9 lakh crore consumer giant, these results are textbook steady. The modest dividend increase reflects an unexciting year with no margin surprises or strategic pivots. Investors looking for catalysts will find none here.
What we're watching
- ITC's performance in FMCG and hotels for the coming quarters.
- Any shifts in capital allocation or dividend policy.
- Management commentary on demand trends in the annual report.
The full read
ITC's FY25-26 annual results landed without drama. Revenue grew roughly 9% on a consolidated basis, while continuing operations net profit inched up. The headline move was the final dividend recommendation of ₹8 a share, taking the total for the year to ₹14.50 – a slight increase from last year's ₹14.35. For a company with a market cap near ₹4 lakh crore, these numbers are squarely in the 'steady-as-she-goes' zone. No new strategic pivot, no margin surprise, no guidance revision. The filing is a textbook periodic disclosure, and the numbers were broadly in line with expectations.