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October 19, 2023
ITCs revenue from operations for the quarter ended September, excluding excise duty, increased 2.6% YoY to Rs 16,550 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose a mere 1% YoY Rs 4,886.54 crore. Operating margin shrank 44 basis points on year to 29.53%. Cigarette business revenue grew 10% on year in the quarter to Rs 7,658 crore.
October 19, 2023
Amid a challenging operating environment and high base effect in some of its operating segments, ITC Limited sustained its strong growth momentum during the quarter driven by focus on customer centricity, accelerated digital adoption, execution ...
August 14, 2023
Amidst a challenging operating environment and high base effect in some of its operating segments, ITC sustained its strong growth momentum during the quarter driven by focus on customer centricity, accelerated digital adoption, execution ...