ITC Chose Calibrated Pricing Over Full Tax Pass-Through: Did That Decision Cost It Q1 Profit?

ITC reported a sharp fall in consolidated net profit for the first quarter of FY27, even as its revenue jumped nearly 28 percent year-on-year. The company’s results show a clear gap between topline growth and profitability. ITC’s consolidated net profit fell 15.61 percent year-on-year to Rs 4,508.79 crore in Q1 FY27. The company had reported … Read more