ITC Ltd.

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Macro Economy & Fiscal Policy 03 Nov 2026, 08:00 AM IST

ITC Q2 Profit Drops 18.5% to Rs 4,229 Crore as Cigarette Earnings Weaken

ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter to Rs 4,229 crore, even as revenue rose 5% on the back of stronger performance in FMCG, agriculture and paper businesses. The results underscore the company’s continued dependence on cigarettes for earnings, while also highlighting the growing contribution of its diversified consumer and agri portfolios.

By RDU Global Wire4 min read

Startups & Venture CapitalJust now (05:23 AM IST)

ITC Completes ₹645 Crore Acquisition of Yoga Bar, Deepening Its Bet on Healthy Snacking

ITC Ltd. has completed the acquisition of 100% of Sproutlife Foods, the parent company of healthy snacking brand Yoga Bar, for ₹645 crore, marking a significant expansion of its packaged foods portfolio. The deal strengthens ITC’s presence in the fast-growing better-for-you snacking segment, where consumer demand is being shaped by health, convenience and premiumisation.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside ITC Ltd.:

New Delhi(2)Yoga Bar(1)Sproutlife Foods Pvt. Ltd.(1)Nagaon(1)India(1)Himanta Biswa Sarma(1)