ITC Q3 FY26 Profit Flat at Rs 4,931 Crore Amid Rising Costs; Revenue Up 7%

• ITC Ltd reported a flat net profit of Rs 4,931 crore for Q3 FY26, impacted by higher raw material costs and a one-time charge from new labour codes.
• Profit declined 3.8% quarter-on-quarter from Rs 5,126.11 crore in Q2 FY26, and was marginally lower than Rs 4,935 crore in Q3 FY25.
• Revenue from operations increased by 7.1% year-on-year to Rs 21,577.58 crore in Q3 FY26.
• EBITDA grew 8.2% year-on-year to Rs 6,883 crore, driven by improved operating leverage.
• FMCG business revenue grew 11% with a 145 basis-point expansion in EBITDA margins; cigarettes revenue rose 8% to Rs 8,791 crore.

Why It Matters: ITC's Q3 FY26 profit remained flat due to increased costs, despite a 7% revenue growth driven by FMCG and cigarettes.