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