Tag: ITC beats Q1 profit estimates

NEW DELHI: India's ITC Ltd reported a bigger-than-expected rise in first-quarter profit on Monday, buoyed by strong demand for tobacco products and consumer goods.The cigarettes-to-hotels conglomerate's profit rose 17.6% to 49.03 billion rupees ($590.28 million) in the three months ended June 30 from 41.69 billion a year earlier, it said in an exchange filing.Analysts, on an average, had expected a profit of 48.29 billion rupees, according to Refinitiv IBES data.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { ...