ITC Shares Rise 4% as Q1 Profit Falls 15.6%

ITC is a big Indian company that sells cigarettes and food.

In the first quarter of its 2026‑27 year, it made less money than before because cigarette sales fell and its farm business did poorly.

But it still sold more overall, especially in other food items.

Even though the profit went down, the company’s shares went up about 4% on the stock market.

People are buying the shares because the company still grows in some areas, even though it faced higher taxes and costs.