ITC Ltd Quarterly Results

Diversified conglomerate ITC expects consumer spending on its flagship food brand Aashirvaad to double to Rs 20,000 crore over the next five years, from around Rs 10,000 crore currently, as it expands into newer food categories and adjacent segments, a senior company official said. The company is amplifying Aashirvaad's play with a two-pronged strategy for the brand -- strengthening its core atta (wheat flour) business while expanding into adjacent categories such as ready-to-cook foods and frozen snacks, said Hemant Malik, Chief Executive Officer, Foods Division, and Executive Director, ITC Ltd. Aashirvaad started its journey in May 2002 as a whole wheat atta brand and has since grown into one of the country's most trusted kitchen brands, with a portfolio of more than 200 SKUs (stock-keeping units). ITC, which aspires to become India's leading FMCG player, has expanded Aashirvaad beyond wheat flour into staples, spices and fresh foods, and even the frozen category, now has consumer

OMC stocks representing the state-run Oil Marketing Companies, including BPCL, HPCL, and IOCL, will also remain in focus on Wednesday after Brent crude prices spiked to $96/barrel

Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to ₹1.03 trillion from ₹53,546 crore as of March 30, 2026

ITC Infotech will acquire an aggregate minority stake of 22.1% in Happiest Minds from the Promoter and Promoter entities for a total consideration of ₹1,330 crore (average price of ₹395/share).

PVR Inox approved a buyback of up to 20,68,965 fully paid-up equity shares at ₹1,450 per share, for an aggregate amount of up to ₹300 crore.

In the past month, the BSE FMCG index underperformed the market by falling 3.3 per cent, compared to a 1.5 per cent fall in the BSE Sensex.

Analysts said, brent crude and palm oil respectively remained elevated by 47% and 13% on year-to-date (YTD) basis, which might keep margins under pressure for FMCG sector.

Retail individual shareholders increased their holdings in ITC for the sixth straight quarter to 13.94% as of June 2026, data shows.

Within the Nifty-500, DIIs were overweight in Consumer, public sector undertaking (PSU) Banks, Oil & Gas, Telecom, Metals, and Technology sectors in the June 2026 quarter, reports suggest.

ITC Hotels Chairman Sanjiv Puri said rising domestic travel and experience-led tourism are driving hospitality growth, with the company targeting 250 hotels over five years