ITC Q2 results 2026 preview: Shares of ITC Limited will remain in focus on Monday, as the FMCG major is set to announce its second quarter results for the financial year 2026-27 tomorrow. Its FMCG business may see double digit EBIT growth with flat margins, and cigarette business is expected to decline, according to experts.
ITC share price closed marginally higher on Friday, October 30. The FMCG stock has delivered 3.27% return in one week, but it has declined 27% in 2026 so far. As all eyes will be on ITC Q2 results tomorrow, here’s what to expect from the FMCG giant.
ITC may see 7% revenue growth during the quarter under review, whereas EBITDA may decline 24%, affected by weaker margins across segments, according to HDFC Securities report.
“We see EBIT margin to remain stressed. We see consolidated segment EBIT to see 20% decline YoY,” stated the brokerage in its report. The consumer goods giant may see double digit decline in its adjusted profit after tax (PAT)
Its FMCG business is expected to post healthy growth, highlighted Motilal Oswal Financial Services Limited (MOFSL) in its report, modelling 14% revenue growth in the segment.