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FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The companys EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore

The companys FMCG business is expected to report YoY growth of 12 percent, and the hotel segment 12.5 percent.

The companys revenue is pegged at Rs 17,326 crore for the first quarter of FY24, marking a year-on-year increase of 14.9 percent. Sequentially, revenue is likely to decline 4.8 percent