ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

A swift recovery in cigarette volumes and other discretionary business may aid September quarter earnings of FMCG major ITC. This, along with a sharp rebound in the hospitality segment on the back of normalization of out-of-home activities and vacation season, may further support profitability, said analysts.

The company is slated to report its Q2FY22 results on Wednesday, October 27, and may report up to 13 per cent year-on-year growth in standalone sales while Ebitda (earnings before interest, tax, depreciation, and amortization) may expand up to 117 basis points YoY.

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent