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Don’t miss the latest developments in business and finance.
Street not convinced with ITC post decent Q4, cigarette biz faces headwinds
FMCG, cigarette biz provide cheer, but all eyes on sustenance
ITC gains 4% after March quarter results; most brokerages maintain 'buy'
The company posted a 4.93 per cent decline in its revenue from operations at Rs 12,560.64 crore during the quarter.
Hit by Covid-19 and lockdown, ITC Q4 pre-tax profit declines by 7.75%
Rural markets, which account for around one-third of the industry and have been the key driver of growth in recent years, witnessed a steep fall in growth rates
ITC Q4 consolidated net profit rises 9.28% to Rs 3,926 cr; sales down 5%
Its total expenses stood at Rs 8,484.93 crore in Q4 FY 2019-20, down 3.14 per cent as against Rs 8,760.36 crore
ITC meets Street estimates; Q4 profit up by 9.89% at Rs. 29.33 billion
The net profit during the corresponding quarter of the 2016-17 fiscal year stood at Rs. 26.69 billion, backed by a revenue of Rs. 154.11 billion
