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CIGARETTE DIVISION
Strong revenue growth fails to shield India Inc margins in March quarterCorporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...- BCCI asks IPL teams to prohibit unauthorized entry into hotel rooms over 'honey trap' risksThe BCCI has issued a stern eight-page directive to all 10 IPL franchises. This follows serious protocol breaches observed during the ongoi...
- From no entry in hotel rooms to ban on hugs: BCCI has a honey-trapping warning for RCB, MI, SRH, CSK and other IPL teamsThe BCCI has implemented strict new rules for the IPL. Unauthorized visitors are now banned from player hotel rooms. Team managers must pro...
- Five triggers that took ITC to 52-week highThe Budget 2022 held no negative surprises for ITC's cigarette business with tax on cigarettes largely unchanged for the second consecutive...
- Stock pick of the week: Growing non-cigarette business makes analysts bullish on ITCSales and net profit growth of 13% and 19% in the fourth quarter of 2018-19 and improving performance of its noncigarettes division have ma...
- From a cigarette addict, ITC turns into a social smokerFor the first time, cigarette division’s contribution to company’s topline falls below 50%.
- ITC Q2 results today: Cigarette, paper biz key to watchBrokerage HDFC Securities is pencilling in 8 per cent YoY growth in cigarette revenues.
- Hemant Malik is new chief of ITC’s foods businessVL Rajesh will be replaced by Hemant Malik, the chief executive of trade marketing and distribution for the group’s FMCG business, which in...
- Low base, smart price hikes to drive ITC cigarette volumesThe company has managed to make some headway in correcting the trend of declining volumes that has been seen in the earlier quarters.
- ITC plans to offer distribution networks to startups for a feeITC plans to offer its distribution network, covering all parts of the country through 4.3 million shops, to startups and FMCG companies.
- Credit Suisse maintains ‘Outperform’ on ITC; target price at Rs 360The cigarette division posted a strong 20.2 per cent improvement in its EBIT, while Cigarette volumes rose by 2.5 per cent on a YoY basis.
- Bigger FMCG footprint best bet for ITCStrong performance of the cigarette and consumer goods business is more than making up for the below par performance of its other businesse...
- ITC Q4 profit up 19.5% at Rs 1928 crore, beats estimatesThe sales during the fourth quarter went up by 19.2 per cent to Rs 8180 crore from Rs 6861 crore in the year-ago period, it added.
- ITC trades flat despite 19% rise in Q4 profitThe FMCG major reported a 19.4 per cent rise in its consolidated net profit for the quarter ended March 31 at Rs 1,928 crore.
- Ban on cigarettes, tobacco products in offices in ValleyThe Jammu and Kashmir government today announced a ban on entry of persons carrying cigarettes and other tobacco products in its offices in...
- ITC in talks to buy RDB's cigarette bizCigarette-to-hospitality major ITC may buy the de-merged cigarette division of Kolkata-based RDB Industries in a deal worth Rs 300-350 cror...
- ITC June quarter net profit up 21.8 pc to Rs 1,070 croreDiversified business group ITC on Thursday posted a 21.8 per cent jump in its net profit to Rs 1,070.3 crore in the quarter ended June 30, ...
- ITC: Co offers good investment opportunityITC, which is one of the first FMCG companies to report results for the third quarter, did not disappoint the market.
- CLSA maintains 'buy' on ITCCLSA has maintained a ‘buy’ recommendation on ITC, banking on stable earning growth and attractive valuations with its PE having improved f...
- On growth pathITC’s sales growth during the September ’06 quarter was powered by its new businesses, even as the cigarettes division provided a stable gr...
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