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Earnings · Tobacco · Mega cap

ITC's FY26 profit rises 4.9% as revenue grows 9%

Annual results meet expectations; dividend nudged up to ₹14.50 per share.

2 earlier stories on ITC Ltd.
Mkt cap₹3.63 lakh cr
P/E17.56×
ROE49.62%
Debt / eq.0.00
Div yld5.00%
₹21,018 cr FY26 net profit, +4.9% YoY

What's new

  • Revenue from continuing operations grew ~9% to ₹89,913 cr.
  • Net profit rose ~4.9% to ₹21,018 cr.
  • Board recommended final dividend of ₹8, total ₹14.50 per share (vs ₹14.35).

Why this matters

A routine annual result that the market already priced in after quarterly disclosures. The modest dividend hike signals confidence but doesn't change the investment case. ITC remains a steady large-cap performer with no new catalysts from this filing.

What we're watching

  • Q1 FY27 performance to gauge demand strength.
  • Any updates on capital allocation or demerger plans.
  • Impact of input cost inflation on margins.

The full read

ITC's FY26 annual results came in broadly as expected. Revenue from continuing operations rose 9% to ₹89,913 crore and net profit increased 4.9% to ₹21,018 crore, reflecting steady execution in a challenging environment. The board recommended a final dividend of ₹8 per share, bringing the total for the year to ₹14.50 — a marginal increase from ₹14.35 in FY25. One-time items included labour code transition costs and an insurance settlement, but these did not materially distort the underlying trend. For a company of ITC's size, the filing confirms the status quo rather than introducing new tradeable information. Investors looking for catalysts will have to wait for the next quarterly update.

Mentioned: ₹8 final dividend · ₹14.50 total dividend · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

ITC Ltd.

FMCG
₹3.78 L cr
P/E 18.27×

Latest quarter · Mar 2026

Sales₹23,821 cr
Net profit₹5,330 cr
Op. margin+29.1%
EPS₹4.30

Strength & growth

Debt / equity0.00×
Current ratio3.06×
Sales CAGR+8.2%
EPS CAGR+6.7%
Financials via Tijori — a research aid, not investment advice.ITC on Tijori

Story so far

All notes on ITC →
  1. 21 May 2026 · 3:27 PM IST ITC's FY26 profit rises 4.9% as revenue grows 9%
  2. 50d ago ITC posts in-line annual results, declares ₹8/sh final dividend
  3. 50d ago ITC posts in-line annual results, dividend edged up