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The IT major announced it has won a contract renewal from British insurance group Aviva that runs till 2039

ITC Ltd is set to release its earnings for the December quarter today. Investors will be focusing on the performance of the cigarette business, FMCG vertical, and hotels segment. Steady volume growth in cigarettes and non-cigarette FMCG, along with strong traction in hotels, is expected to support the conglomerate's quarterly performance. However, the agri and paper and paperboards businesses are likely to have been sluggish, potentially impacting overall revenue growth.

ITC Ltd on Monday reported 10.8% year-on-year growth in net profit at Rs 5,572 crore for the third quarter ending December 23, while gross revenue went up by 2.1% to Rs 17,483 crore. Both revenue and profit exceeded street estimates.

ITC said there was "resilient performance" in the FMCG business despite "subdued demand condition" with staples, dairy, beverages, fragrances, personal wash, homecare, agarbattis and notebooks driving growth. The segment revenue rose 7.6% year-on-year to ₹5,209 crore, while the Ebitda or earnings before interest, tax, depreciation and amortisation margin expanded 100 basis points to 11% at ₹571.6 crore.