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ITC: ITC lights up all verticals in lift to stock with 40% gains in a year

by Euro Times
August 2, 2022
in Business
Reading Time: 6 mins read
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From the second half of this fiscal, the corporate is anticipated to revert to single-digit development in its cigarette enterprise and double-digit development within the different segments.

Synopsis

Cigarettes, historically the most important section, posted a powerful restoration with volumes surpassing the pre-pandemic ranges. This was made potential due to a steady tax regime, new product launches by the corporate and regulatory management on unlawful cigarettes.

ET Intelligence Group: ITC has posted an exceptionally robust efficiency for the quarter to June pushed by double-digit development throughout all its enterprise verticals on the again of a base quarter that was impacted by the second Covid wave.

Cigarettes, historically the most important section, posted a powerful restoration with volumes surpassing the pre-pandemic ranges. This was made potential due to a steady tax regime, new product launches by the corporate

BY

ET Bureau

3 minutes learn, Final Up to date:

Aug 02, 2022, 06:00 AM IST

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