New Delhi, July 31 -- ITC Ltd is expected to report a weak performance for the April-June quarter (Q1 FY27), with analysts forecasting pressure on earnings due to weakness in its cigarette and agri businesses. While the FMCG segment is likely to sustain double-digit growth, steep tax hikes on cigarettes and continued softness in the agri business are expected to drag the company's overall performance.

The Kolkata-based company, in an exchange filing, said its Board of Directors will meet on July 31 (Friday) to consider and approve the financial results for the first quarter of FY27.

Key monitorables include the rural versus urban demand outlook, competitive intensity, raw material trends, the agri business outlook and the performance of...