ITC Infotech India – ITC Ltd’s consolidated net profit rose 3% to ₹5,187 crore for the second quarter ended September 30, 2025, compared to ₹5,054 crore a year ago. Consolidated revenue for the quarter declined 2% year-on-year to Rs 21,047 crore.

The company said its operating performance was led by group companies ITC Infotech India Ltd, ITC Hotels Ltd. It said its subsidiary, Surya Nepal Pvt Ltd, delivered a ‘resilient performance’ amid the disruptions in Nepal during the September 25 quarter.

The FMCG segment maintained its revenue growth momentum amid operational challenges. Excluding notebooks it was up 8% year-on-year.

The company said operational challenges were created due to excessive rainfall in many parts of the country and the transition to the new GST regime, leading to short-term business disruption. Staples, dairy, premium personal wash and agarbatti drove growth during the quarter and strong performance continued in the premium portfolio and Newgen channels. The notebook industry remained impacted due to low priced paper imports and opportunistic play by local/regional players, it said, adding that GST rates were reduced in more than 50% of the FMCG portfolio and the benefits were passed on to consumers.

While the cigarette segment’s net revenue grew 6. 8% year-on-year, the agribusiness segment’s performance reflects timing differences and higher base effect.

“High frequency indicators for the quarter indicate mixed trends. While rural demand continued to be resilient, urban consumption witnessed growth. On the other hand, industrial growth, core sector growth, automobile sales, credit growth and power and fuel consumption remained relatively subdued,” the company said.

“Low inflation, reduction in interest rates and liquidity support by the RBI, income tax cuts announced in the recent Union Budget as well as front loading of government expenditure and recent cuts in GST rates across a wide range of products are expected to progressively boost consumption,” it said. “Extreme rainfall in many parts of the country and changes in new GST rates posed operational challenges, especially for FMCG categories, leading to short-term business disruption during the quarter.

Despite such temporary factors, the company delivered a resilient performance during the quarter. “.