ITC shares traded ₹288.80 on NSE, gaining 2.78% following the company's Q1 FY27 results announcement. According to the latest financial data, ITC reported total income of ₹30,179.01 crore for the quarter ended June 30, 2026, representing a 26.7% year-on-year increase from ₹23,811.56 crore in Q1 FY26. The company posted a net profit of ₹4,508.79 crore, down 15.6% from ₹5,343.41 crore in the previous year. As reported by Angel One, the revenue decline reflects softer demand or a high base in the comparable period, with margins coming under pressure due to higher input costs or pricing pressure. The company also reported total income of ₹92,339.13 crore for FY26 with net profit of ₹21,018.15 crore.
ITC shares have demonstrated strong technical momentum, surpassing its 20-day Exponential Moving Average currently at ₹284.75. The stock is experiencing significant trading activity with volume of 26,724,369 shares, substantially higher than the 7-day average volume of 17,660,956 shares. According to latest market data, ITC has a six-month beta of 0.6849, indicating a balanced risk profile appealing to cautious investors. The stock has shown 1-day returns of 2.06% and 3-month returns of -8.32%, reflecting the challenging period for the stock over recent months. However, shares traded flat around ₹281 on the day as investors weighed the quarterly results against broader market trends.
Despite the company's Q1 FY27 profit decline, ITC shares had surged more than 4% in early trade on Monday, August 3, 2026, according to reports from Upstox. The stock was in focus as several mutual fund schemes maintain significant exposure to ITC shares. Among the five mutual fund schemes with more than 5% exposure to ITC as of June 30, 2026, ICICI Pru FMCG Fund had the highest allocation at 18.34%, while Parag Parikh Flexi Cap Fund delivered the highest since-inception CAGR of 18.32%. However, investors should weigh several key risks including exposure to input cost movements, demand cyclicality, competitive intensity, and execution risk around working capital and order timelines that could cause quarter-to-quarter volatility.
Parag Parikh Flexi Cap Fund emerged as the standout performer with a 18.32% CAGR since inception, launched on May 24, 2013. As reported by Upstox, the scheme has returned 13.68% over the past five years and 14.31% over three years, though it posted lower returns in shorter periods with -0.12% in one year. Sundaram Consumption Fund followed with a 14.14% CAGR since inception, launched on January 2, 2013, and has delivered 12.73% over the past five years. The scheme's portfolio is dominated by large-cap companies with 72.3% allocation to large-cap stocks.
The FMCG portfolio exhibited varied performance dynamics across different product lines. The cigarettes vertical witnessed segment gross revenue scale up significantly by 81% year-on-year to hit ₹15,384 crore, though its net revenue dropped by 25% and overall segment results contracted by 35% to ₹3,341 crore due to unprecedented tax hikes. In contrast, the FMCG-Others segment delivered robust performance with revenue increasing by 12% year-on-year to reach ₹6,482 crore, while its core profitability (PBIT) jumped by 21% to touch ₹479 crore. This mixed performance reflects the impact of regulatory changes on the cigarettes business while the FMCG-Others segment maintained strong growth momentum.
