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ITC, said BOB Capital Markets, may log high-single-digit volume growth in cigarettes with strong double-digit growth and margin expansion in the FMCG segment.
ITC Q2 earnings: According to a poll of four brokerages, the net profit was expected at Rs 4,933.9 crore and revenue at Rs 16,870 crore.
The Kolkata-headquartered company's gross revenue stood at Rs. 16,971 crore representing a growth of 27.1 per cent year-on-year (YoY). EBITDA came out at Rs 5,864 crore, up by 27.1 per cent YoY.
ITC Limited Q2 Results: The cigarette segment reported a 10.2 per cent growth in revenue at Rs 5,642 crore compared to Rs 5,121 crore in the corresponding quarter last year.