Cigarette business weakness drags ITC margins in March quarter

May 22, 2026

ITC’s cigarette business saw lower profits in the March quarter due to increased taxes. While other areas like FMCG improved, they could not fully compensate. The company is adjusting prices and products to protect its market share. However, higher taxes may boost illegal cigarette sales. ITC’s stock has fallen significantly this year.

More To Explore

Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns

Retail investors are being urged by market analysts to steer clear of the government’s shares sale in Central Bank of India. The bank’s current margin

May 23, 2026

Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk up

US stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields, with the PCE price

May 23, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003