ITC Ltd on Monday reported a 20.1% year-on-year decline in standalone profit after tax to Rs 4,137.12 crore for the September quarter of FY27, compared with Rs 5,175.70 crore in the corresponding quarter last year. Lower earnings from its cigarette business outweighed gains in other consumer goods, agri and paper businesses. Revenue from operations rose 43.9% to Rs 30,578.40 crore from Rs 21,255.86 crore. However, the increase largely reflected higher excise duty included in reported revenue, limiting comparisons with the previous year.