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ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%

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Summary

ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earnings from its cigarette business weighed on overall profitability despite strong growth in its FMCG, agriculture and paper businesses.

Description from Times of India.

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  1. Times of India Center Factuality: Mostly factual IN
    ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%

    ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earnings from its cigarette business weighed on overall profitability despite strong growth in its FMCG, agriculture and paper businesses.

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