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ITC up 1% after weak Q2; analysts see gradual recovery in cigarette biz

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ITC up 1% after weak Q2; analysts see gradual recovery in cigarette biz
Photo / Coverage: Business Standard - LatestCredit: Heena Ojha
EXECUTIVE SUMMARY

Cigarette-to-soap conglomerate ITC reported an 18.7 per cent year-on-year (Y-o-Y) drop in consolidated net profit.

Key Takeaways

  • ITC up 1% after weak Q2; analysts see gradual recovery in cigarette biz.
  • Cigarette-to-soap conglomerate ITC reported an 18.7 per cent year-on-year (Y-o-Y) drop in consolidated net profit.
  • Cigarette-to-soap conglomerate ITC reported an 18.7 per cent year-on-year (Y-o-Y) drop in consolidated net profit.

Cigarette-to-soap conglomerate ITC reported an 18.7 per cent year-on-year (Y-o-Y) drop in consolidated net profit.

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