ITC Schedules Board Meeting For Q2 Results Amid Profit Pressures

Diversified FMCG company ITC has scheduled a board meeting for November 2, 2026, to approve standalone and consolidated financial results for the quarter ended September 30, 2026.

HDFC Securities estimates that ITC's net profit and EBITDA may decline by 24% year-on-year due to newly levied higher cigarette taxes introduced in February 2026.

Brokerage estimates indicate that revenue may grow by 7% to about ₹20,816 crore, while adjusted PAT could drop to ₹3,846 crore amid higher excise duty and consumption tax.