ITC Q1FY27: Profit Down 16%, Revenue Up 28%

ITC is a big Indian company that sells cigarettes, food, paper, and other things.

In the first quarter of its 2027 financial year, it made less money than the same period last year, losing about 16% of its profit.

But it sold more products, so its total sales went up by almost 28%.

The biggest jump was in cigarette sales, which grew 80%.

Even though the company earned less, it still made a lot of money.

The company said the drop in cigarette profit was because of new taxes and a pricing strategy.