ITC Q1 Results: FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the ...More

ITC Q1 Results: FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore on Friday, compared to Rs 5,092 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. ...Less

The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll. ...More

The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll. ...Less

The higher growth in the profit despite a muted topline is primarily due to ITC’s higher dependence on th ...More

The higher growth in the profit despite a muted topline is primarily due to ITC’s higher dependence on the cigarette business. Despite a scale-up in the FMCG business, cigarettes constitute close to 70% of ITC’s profit and about 45% of its revenue. ...Less

Operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), ...More

Operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 10% YoY to Rs 5,083 crore in the quarter. Operating margin expanded sharply by 541 basis points to 32.11%. ...Less

ICICI Securities sees the company’s cigarette segment to see a revenue growth of 0.6 per cent YoY. ...More

ICICI Securities sees the company’s cigarette segment to see a revenue growth of 0.6 per cent YoY. ...Less

The firm's cigarette revenue came in at Rs 8,777 crore against Rs 8,230.6 crore last year. ...More

The firm's cigarette revenue came in at Rs 8,777 crore against Rs 8,230.6 crore last year. ...Less

DFC Securities expects a 3 per cent volume growth for the cigarette maker. ...More

DFC Securities expects a 3 per cent volume growth for the cigarette maker. ...Less

Sales of the cigarette segment increased to Rs 5,433.40 crore from Rs 5,127.59 crore. ...More

Sales of the cigarette segment increased to Rs 5,433.40 crore from Rs 5,127.59 crore. ...Less

ITC’s net profit for the quarter ended June 2013 increased to Rs 1,891 cr, as compared to a net profit of ...More

ITC’s net profit for the quarter ended June 2013 increased to Rs 1,891 cr, as compared to a net profit of Rs 1,602 cr last fiscal. ...Less

ITC Ltd reported a notable revenue growth for Q1 2024, primarily fueled by its cigarettes and hotels busi ...More

ITC Ltd reported a notable revenue growth for Q1 2024, primarily fueled by its cigarettes and hotels businesses. Revenue increased by 6% compared to the same period last year, and net profit saw a 3% rise. However, the paper and agri segments continued to face challenges, impacting overall margins. ...Less

ITC is expected to post modest Q1FY26 earnings with flat to slight growth in PAT and EBITDA. Margin press ...More

ITC is expected to post modest Q1FY26 earnings with flat to slight growth in PAT and EBITDA. Margin pressure in FMCG and paper may offset gains from stable cigarette and agri business performance, according to top brokerage estimates. ...Less

ITC Ltd reported a slight dip in standalone net profit for Q1, but revenue surged by 19.7% driven by ciga ...More

ITC Ltd reported a slight dip in standalone net profit for Q1, but revenue surged by 19.7% driven by cigarettes, FMCG, and agri-businesses. The cigarette business saw revenue growth, while the FMCG sector was impacted by commodity prices. Agri-business revenue soared, offsetting a decline in the paperboards segment. Consolidated results showed strong performance across group companies. ...Less

Both SBI and ITC are blue chip names and investors should use every dip to accumulate the stocks from a l ...More

Both SBI and ITC are blue chip names and investors should use every dip to accumulate the stocks from a longer-term perspective. ...Less

HSBC has upgraded ITC to 'overweight' from 'neutral', while maintaining target price of Rs 400, citing pr ...More

HSBC has upgraded ITC to 'overweight' from 'neutral', while maintaining target price of Rs 400, citing prospects of earnings growth 'resilience'. ...Less

Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubl ...More

Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubling. Record EBITDA margins, strong export demand and FMCG growth marked its strongest-ever quarter, reflecting confidence in long-term expansion and wider retail participation. ...Less

Indian companies are releasing their December quarter results. ITC expects steady but mixed performance. ...More

Indian companies are releasing their December quarter results. ITC expects steady but mixed performance. Swiggy anticipates strong revenue growth but wider losses due to investments. Paytm is projected to report another profitable quarter with healthy revenue and margin expansion. Investors are watching these key announcements closely. ...Less

Let's check out what all might matter to Dalal Street during the day. ...More

Let's check out what all might matter to Dalal Street during the day. ...Less

RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from ...More

RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from operations also rose by 19%, totaling Rs 558.11 crore, up from Rs 467.61 crore in the previous year's quarter. ...Less

Here’s a list of stocks that are likely to hog the limelight in today's trade. ...More

Here’s a list of stocks that are likely to hog the limelight in today's trade. ...Less

ITC Share Price: ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarte ...More

ITC Share Price: ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarter ended December. The same stood at Rs 5,006 crore in the year-ago period. The profit beat the ET Now Poll expectation of Rs 5,072 crore. ...Less

ITC shares gained 1.5% to hit the day's high of Rs 456 on the NSE and were top gainers in the Nifty pack ...More

ITC shares gained 1.5% to hit the day's high of Rs 456 on the NSE and were top gainers in the Nifty pack despite a negative trade by the frontline indices Nifty50 and BSE Sensex which were down 0.5% in the opening trade. ...Less

ITC is anticipated to reveal moderate revenue growth, driven by cigarettes and agri businesses, while Sun ...More

ITC is anticipated to reveal moderate revenue growth, driven by cigarettes and agri businesses, while Sun Pharma is expected to showcase high single-digit bottom-line growth, fueled by strong domestic performance. Revenue growth for Sun Pharma is expected to be 9% year-on-year, while ITC's revenue is expected to rise 2% year-on-year. Analysts anticipate $500 million in US sales for Sun Pharma. ...Less

Earnings season commenced with 88 companies announcing results. Key highlights included ITC, Sun Pharma, ...More

Earnings season commenced with 88 companies announcing results. Key highlights included ITC, Sun Pharma, Tata Motors, Adani Enterprises, and Zomato reporting. ITC and Dabur anticipated revenue growth from cigarettes, hotels, and FMCG segments. Tata Motors projected strong profit growth. Zomato maintained robust performance from prior quarters, offering promising outlooks. ...Less

ITC reported 5.7 per cent year-on-year (YoY) growth in the net profit to Rs 2,646.73 crore for the quarte ...More

ITC reported 5.7 per cent year-on-year (YoY) growth in the net profit to Rs 2,646.73 crore for the quarter ended December 2016 which was higher than ET Now estimates of Rs 2,550 crore. ...Less

Paytm is expected to post another profitable Q3, driven by festive-led demand in payments and financial s ...More

Paytm is expected to post another profitable Q3, driven by festive-led demand in payments and financial services. Brokerages forecast a return to year-on-year profitability, around 6% sequential growth, and continued margin expansion, with revenue seen rising up to 22% YoY to about Rs 2,187–2,225 crore. ...Less

ITC shares remained flat despite India-US reaching a trade deal. Higher taxes on cigarettes have impacted ...More

ITC shares remained flat despite India-US reaching a trade deal. Higher taxes on cigarettes have impacted the fortunes of the shares of the company. ...Less