ITC Q2 results: Net profit declines 18.45% to ₹4,229 crore, revenue up 44%

Total revenue grew 20% at ₹1,560 crore in the quarter under review

Trade sources said the cotton imports for 2026-27 will equal or surpass last year’s levels of 71 lakh bales of 170 kg eachCentre extends duty exemption on cotton imports till Dec-end; Trade sees imports surpassing last year’s 71 lakh bales

The centre, powered by over 10,000 AMD Instinct MI355X GPUs, will be capable of powering large-scale AI training and inference workloads

The company further onboarded Tony Thomas, Ashutosh Shukla and Vivek Pandey to spearhead key transformation initiatives