ITC’s September-quarter net profit fell 18.45% to ₹4,229 crore as higher input costs and cigarette taxes pressured earnings, despite revenue rising 43.85%. Cigarette operating profit dropped over 27%, while FMCG, paperboards and packaging, agriculture, and food-tech reported growth.
ITC’s September-quarter net profit fell 18.45% to ₹4,229 crore as higher input costs and cigarette taxes pressured earnings, despite revenue rising 43.85%. Cigarette operating profit dropped over 27%, while FMCG, paperboards and packaging, agriculture, and food-tech reported growth.
<iframe src="https://hindustansphere.com/embed/cluster/82a0ccb849baf8267d025dc69ab567244552914c" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="ITC shares to be in focus on Tuesday as Q2 net profit drops 18.5% on higher cigarette taxes"></iframe>
