ITC Ltd. reported a 3% enhance in consolidated internet revenue to Rs 5,187 million for the second quarter ended September 30, 2025 in comparison with Rs 5,054 million within the year-ago interval.
Consolidated income for the quarter was 21,047 million yen, down 2% year-on-year (year-on-year).
The corporate mentioned its group corporations ITC Infotech India Ltd and ITC Inns Ltd drove the efficiency. The corporate’s subsidiary, Surya Nepal Personal Ltd, mentioned it achieved “resilient efficiency” amid the turmoil in Nepal within the September 2025 fiscal yr.
The FMCG phase maintained income progress momentum regardless of operational challenges. Excluding notebooks, gross sales have been up 8% from the earlier yr.
The corporate mentioned extreme rains in lots of components of the nation and the transition to the brand new GST regime have created operational points that may trigger short-term enterprise interruptions. Through the quarter, progress was pushed by Staples, Dairy and Premium Private Wash & Agarbattis, with continued robust efficiency within the Premium portfolio and NewGen channels.
It mentioned the pocket book business stays affected by low-cost paper imports and opportunistic methods by native/regional gamers, including that over 50% of the FMCG portfolio has seen discount in GST charges and the advantages have been handed on to shoppers.
Cigarettes’ internet income elevated 6.8% yr over yr, whereas Agribusiness’s efficiency mirrored timing variations and better base results.
“Excessive-frequency indicators for the quarter recommend combined developments. Rural demand continues to point out resilience, whereas city consumption exhibits progress. In the meantime, industrial progress, core sector progress, car gross sales, credit score progress, and electrical energy and gasoline consumption stay comparatively subdued,” the corporate mentioned.
“Consumption is predicted to be steadily boosted by decrease inflation, decrease rates of interest and liquidity help from the RBI, earnings tax cuts introduced within the latest Union Finances together with bringing ahead authorities spending, and up to date reductions in GST charges throughout a variety of merchandise,” the report mentioned.
“Extreme rains in lots of components of the nation and transition to new GST charges posed operational challenges, notably within the FMCG class, resulting in short-term enterprise interruptions through the quarter. Regardless of such short-term elements, the corporate delivered resilient efficiency through the quarter,” it added.
