ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

29 Jul 2024

Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.

ITC shareholders approve demerger of hotel business

06 Jun 2024

Diversified group ITC Ltd on Thursday said 99.6 per cent of its shareholders approved the demerger of its hotels business which will be listed as a separate entity.

ITC consumer goods revenues up 14% in FY23

ITC consumer goods revenues up 14% in FY23

14 Dec 2023

Home-grown consumer goods major ITC Ltd reported a 14 per cent increase in revenues from its packaged consumer goods business in the financial year 2022-23, with income from the cigarettes business also growing.

The National Industry Quarterly report states 8.6% volume growth in the FMCG sector

The National Industry Quarterly report states 8.6% volume growth in the FMCG sector

08 Nov 2023

India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).

ITC of India falls short of profit expectations amidst rising competition and costs

ITC of India falls short of profit expectations amidst rising competition and costs

20 Oct 2023

ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.

ITC overtakes Infosys to become India's sixth most valuable company

09 May 2023

ITC Q4 net profit rises 11.8% to Rs4,191 crore as revenue soars

19 May 2022

ITC said its before-tax profit for fiscal 2021-22 grew 15.5 per cent to Rs19,829.53 crore and EBITDA increased by 22 per cent to Rs18,933.66 crore, while gross revenue for the year increased by 22.7 per cent to Rs59,101.09 crore

ITC to invest nearly Rs15,000 crore to expand, upgrade

16 Aug 2021

Chairman Sanjiv Puri said, the "new growth areas" would include plastic substitutes and super App ITC MAARS that will help unlock the potential of small farmers

ITC Q3 net profit down 11.4% at Rs3,567.09 cr

15 Feb 2021

ITC Q2 net down 20% at Rs3,232 cr as Covid hits cigarette sales

11 Nov 2020

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