Preview: India's ITC slightly lower ahead of Q2 results

ITC

30/10/2025 05:07

** ITC ITC.NS eases 0.19% to 420.8 rupees ahead of Q2 results later in the day

** Analysts expect minor 0.6% y/y rise in co's Q2 profit, per data compiled by LSEG

** PL Capital says ITC's consumer goods vertical likely to witness one-time impact from GST rate cuts in reported quarter

** Systemix Research sees strong growth in sales volumes of co's mainstay cigarettes business, but says margins may take hit from high costs of leaf tobacco

** Peers Hindustan Unilever HLL.NS posted Q2 profit decline on sales disruption from tax cuts; Nestle NESN.S reported marginal profit rise on better urban demand

** ITC, HLL rated "buy" on avg, NEST rated "hold", per data compiled by LSEG

** YTD, ITC falls ~8%

 (Reporting by Manvi Pant)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))