The ₹3,500-crore acquisition makes ITC India's largest integrated paperboards and paper company, raising capacity by over 50% to around 1.5 million tonnes
Steep tax changes hit the cigarettes business, while the FMCG segment posted double-digit growth despite inflationary pressures arising from the West Asia conflict
India's ITC reported a 27% fall in quarterly profit on Friday, as fresh cigarette tax hikes this year squeezed margins, while staggered price hikes weighed on demand for pricier brands
Q1FY27 company results: Firms including Bajaj Finserv, Aditya Birla Capital, GAIL (India), Shree Cement, Dixon Technologies, and Sun Pharmaceutical are also to release their April-June earnings today
The ITC chief said the company is pursuing calibrated pricing and portfolio innovation to curb illicit trade while continuing investments to diversify beyond cigarettes
The ITC chief attributed the recovery in FMCG demand to GST rationalisation, income tax relief and other government measures, while cautioning over West Asia and El Niño risks
ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...
ITC's non-cigarette FMCG portfolio crossed Rs 37,000 crore in annual consumer spend in FY26, driven by strong brand growth, acquisitions and rising household reach
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Among the announced payouts, Page Industries has declared the highest interim dividend at ₹150 per share, with May 27, 2026 fixed as the record date
Given the likelihood of continuing consumer shifts to smuggled brands, the earnings pressure in cigarettes may offset growth in FMCG and Paper
Stocks to Watch today, May 22, 2026: Nykaa, LIC, ITC, Honasa Consumer, and Maruti Suzuki are some of the key stocks to watch today
Among the companies, Bajaj Auto has announced the highest final dividend of ₹150 per share, with May 29, 2026, fixed as the record date
ITC reported a 6.1 per cent rise in adjusted net profit for Q4FY26, aided by strong growth in cigarettes, FMCG and paper businesses
The company, which makes Gold Flake cigarettes, reported profit rose 2 per cent to 66.92 billion rupees ($695.63 million) in the March quarte
Q4FY26 company results: Firms including Max Healthcare, Gail (India), Prestige Estates, Sun TV, Bikaji Foods International, Quick Heal and Icra are also to release their January-March earnings today
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index
Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits
Being consumer-centric and continuously evolving with contemporary trends is paramount for fast-moving consumer goods (FMCG) companies