Stay on top of the tobacco industry. Get weekly highlights straight to your inbox. Become a Free member today: Tobacco Insider - Free Membership --- ITC: Q1 FY27 Results ITC Limited’s standalone net profit fell 27.1% YoY in Q1 FY27 as severe cigarette excise tax hike compressed operating margins. Rather...
ITC: Q1 FY27 Results
Executive Summary: Earnings Compression Driven by Cigarette Tax Adjustments ITC Limited’s Q1 FY2026/27 (Q1 FY27) financial results for the quarter ended June 30, 2026, present a narrative of dual operational realities. The company faced sharp profitability compression in its core Cigarettes business due to severe statutory tax hikes enacted earlier...
Memo: Altria Q2 2026 Results
Results summary: Altria: Q2 2026 Results Executive Summary Altria’s Q2 2026 results were broadly in line with our operational expectations at the top-line and operating income levels. However, a bottom-line miss ($1.48 vs. $1.50 consensus and our $1.52 estimate) combined with persistent structural concerns triggered a -9.3% post-earnings sell-off. As highlighted...