ITC Limited has released the results for the March 2026 quarter. The company’s profit declined by 74 percent on annual basis to Rs 5,113 crore. The company said that there has been a big decline in profits due to increased taxes on cigarette business and pressure on margins.
Last year, in the same quarter, ITC had made a profit of Rs 19,562 crore. However, during that time the company also got a big one-time benefit from the demerger of the hotel business. Due to separation of the hotel business, the company got a one-time gain of about Rs 15,179 crore, due to which the last year’s profit was much higher.
Strong earnings from this sector
The company said that its cigarette business remained strong in the January-March 2026 quarter. During this period, the income from cigarettes increased to Rs 11,066 crore, which was Rs 8,400 crore in the same period a year ago. ITC manufactures big cigarette brands in the country like Gold Flake.
Shareholders will get dividend
ITC has announced a final dividend of Rs 8 per share for the financial year 2025-26. Earlier, the company has also declared an interim dividend of Rs 6.50 per share in January 2026. That means investors will get a total dividend of Rs 14.50 per share in the entire financial year.
The company said that if shareholders approve, the final dividend will be paid between July 24 and July 29, 2026. The record date for receiving dividend has been fixed at 27 May 2026.
Slight rise in shares
Even after the results came, there was not much fluctuation in the company’s shares. ITC shares closed at Rs 307.65 on NSE with a slight gain. A slight increase of 0.03 percent was recorded in this.
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