Global EconomyReuters•1 min read•11/2/2026 (2h ago)

Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand

Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand
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Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand Reuters ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high Moneycontrol.com ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70% The Economic Times ITC Q2 profit rises to Rs 4,137cr on non-cigarette FMCG, paper, agri growth...

Key Takeaways

  • Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand
  • Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand Reuters ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high Moneycontrol.com ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70% The Economic Times ITC Q2 profit rises to Rs 4,137cr on non-cigarette FMCG, paper, agri growth The Times of India ITC Q2 results: Net profit likely to see double-digit fall due to subdued cigarette business growth Upstox
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Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand Reuters ITC profit falls due to cigarette volumes, FMCG biz growth at 14-qtr high Moneycontrol.com ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70% The Economic Times ITC Q2 profit rises to Rs 4,137cr on non-cigarette FMCG, paper, agri growth The Times of India ITC Q2 results: Net profit likely to see double-digit fall due to subdued cigarette business growth Upstox

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This summary was curated from Reuters.

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Top Indian cigarette maker ITC's profit drops 20% as higher prices dent demand — Loop60