ITC Ltd, the cigarette-to-soap maker, is expected to report a low-to-mid single-digit year-on-year revenue growth for the second quarter of this fiscal, backed by strong volume growth in the cigarette business and modest growth in the non-cigarette FMCG business.

Overall Ebitda for Q2FY26 may witness a low single-digit y-o-y increase as the non-cigarette FMCG segment Ebitda is likely to remain under pressure, and the Paperboards segment is also expected to remain weak due to cheap Chinese supplies, according to analysts.

The diversified conglomerate is scheduled to announce its second-quarter results on Thursday.

“We expect around 6 per cent revenue growth as we expect cigarettes to grow 7 per cent y-o-y (6 per cent volume), FMCG to grow at 5 per cent y-o-y, and Agri to grow by 10 per c

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