ITC Q3 Net Profit Rises Marginally to Rs 5,018 Crore Amidst New Labour Codes
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News18•29-01-2026, 22:00
ITC Q3 Net Profit Rises Marginally to Rs 5,018 Crore Amidst New Labour Codes
- •ITC's consolidated net profit for Q3 FY26 marginally increased to Rs 5,018.45 crore, up from Rs 5,013.18 crore in the previous year.
- •The company reported an exceptional net loss of Rs 354.58 crore due to increased gratuity and compensated absence liabilities following new labour code implementation.
- •Revenue from product sales grew by 7.13% to Rs 21,577.58 crore, driven by double-digit FMCG growth and sustained cigarette business momentum.
- •FMCG Others segment saw a 12.56% revenue increase, with strong performance in staples, biscuits, noodles, dairy, and premium personal wash products.
- •ITC declared an interim dividend of 650% (Rs 6.50 per share) for the financial year ending March 31, 2026.
Why It Matters: ITC's Q3 profit saw a slight increase despite new labour code impacts, driven by strong FMCG and cigarette sales.
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