ITC Q1 results, July 31 -- FMCG major ITC, on Friday, 31 July, reported a 16.2% year-on-year (YoY) drop in its consolidated profit to Rs.4,394.13 crore for the April-June quarter of the current financial year (Q1FY27). In the corresponding quarter of the previous financial year, ITC's profit was Rs.5,244.20 crore.

Sequentially, or on a quarter-on-quarter (QoQ) basis, ITC profit fell 18.4% from Rs.5,387.97 crore in Q4FY26.

Revenue from operations for the quarter rose 27.6% YoY and 23.9% QoQ to Rs.29,523.30 crore. ITC's revenue in Q1FY26 was Rs.23,129.35 crore, and in Q4FY26, it was Rs.23,821.48 crore.

Consolidated gross revenue jumped 27.8% YoY to Rs.29,410 crore for the quarter. EBITDA at Rs.5,181 crore declined 24% YoY.

On a standalo...