Mumbai, October 31 (Udaipur Kiran): Shares of ITC Limited rose over 1% in early trading on Friday after the company reported a marginal increase in its consolidated net profit for the second quarter of FY26, despite a slight dip in total income.
The stock opened at Rs. 419.80 on the BSE and was trading at Rs. 424.50, up Rs. 5.80 or 1.39% from its previous close of Rs. 418.70. During the session, the stock touched an intraday high of Rs. 426.50 and a low of Rs. 418.35, with 6,07,466 shares changing hands.
The company’s market capitalization currently stands at Rs. 5,33,184.77 crore. ITC has recorded a 52-week high of Rs. 471.39 (01-Nov-2024) and a 52-week low of Rs. 391.50 (03-Mar-2025).
As per the shareholding pattern, institutional investors hold 84.84%, while non-institutional investors own 15.17%.
Q2 FY26 Financial Highlights
On a standalone basis, ITC posted a 2% increase in net profit to Rs. 5,179.82 crore for the quarter ended September 30, 2025, compared to Rs. 5,078.34 crore in the same quarter last year. However, total income declined 2.18% to Rs. 20,279.96 crore, against Rs. 20,732.45 crore in the year-ago period.
On a consolidated basis, the company reported a 2.67% rise in net profit at Rs. 5,126.11 crore, compared to Rs. 4,992.87 crore in Q2 FY25. Total income fell 1.39% to Rs. 21,840.26 crore from Rs. 22,147.25 crore in the corresponding quarter last year.
Market analysts said ITC’s steady performance reflects resilience in its FMCG, hotels, and paperboard businesses, even as muted demand and input cost pressures weighed slightly on topline growth.
ITC remains one of India’s leading conglomerates with a strong presence in FMCG, hotels, agri-business, and paperboards, and continues to focus on diversification and sustainable growth initiatives.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.