Earnings Presentation for Q1 of Financial Year 2026-27

AI summary - Q1 FY27 consolidated gross sales value Rs 5,676 Cr (+38.6% y-y); net profit Rs 198 Cr (-44.3% y-y) - Profit decline due to steep tax increase in Q4 FY26 impacting industry and boosting illicit trade - Domestic cigarette sales volume declined only 2% y-y despite tax-led price hikes - Unmanufactured tobacco exports Rs 248 Cr (7% of net sales), affected by geopolitical factors - Focus on distribution leverage, calibrated pricing, product innovation, and export market expansion - Strengthening leadership pipeline with young talent integration - Certified 'Great Place To Work' for 8 consecutive years - ESG progress with targets on renewable energy, emissions, waste, water, and farmer training