ITC posted steady Q2 FY26 growth with FMCG, cigarette, and packaging segments strong, while agribusiness faced a revenue decline.

• FMCG revenue rose 6.99% YoY; excluding notebooks, 8% growth driven by staples, dairy, personal wash, and organic brands.
• Cigarette segment revenue grew 6.8% YoY with strong premium demand; cost pressures offset by mix optimization and controls.
• Agribusiness fell 30.92% YoY due to timing issues, while paper and packaging rose 5% amid tough import competition.