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Itc Limited
Business  /  Published 15.12.21

ITC will weigh spinoffs at right time

Cigarette-to-hotels conglomerate ITC is open to the idea of unlocking shareholder value by listing its non-tobacco businesses like hotels, infotech and fast-moving consumer goods but will not be persu...
By Sambit Saha in Calcutta

Business  /  Published 28.10.21

ITC profit up 10%

ITC Ltd on Wednesday reported a 10.09 per cent increase in its consolidated net profit to Rs 3,763.73 crore for the second quarter ended in September 2021. The company had posted a net profit of...
By Our Bureau in Calcutta

Business  /  Published 25.07.21

ITC net profit jump 30%

Diversified ITC Ltd reported a 30 per cent jump in profit on a 35.9 per cent growth in revenue from operations in the first quarter of this fiscal as the overall business environment improved compared...
By Our Special Correspondent in Calcutta

Business  /  Published 15.07.21

ITC diversifies into nicotine exports

ITC Ltd is diversifying its tobacco and hotel businesses to expand the market for each of the categories amid concerns of an economic slowdown during the second wave of the pandemic. The company is i...
By Our Special Correspondent in Calcutta

Business  /  Published 12.02.21

ITC posts 11% decline in PAT

ITC has posted an 11.4 per cent decline in profit after tax in the third quarter at Rs 3,587.09 crore, down from Rs 4,050.4 crore recorded in the same period last year. Total income, however, went up ...
By Our Bureau in Calcutta

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Business  /  Published 27.06.20

 ITC dividend gift

Buoyed by a Rs 1,020-crore tax gain, city-based conglomerate ITC Ltd has declared a hefty dividend of Rs 10.15 a share even as the company’s gross revenue from sales in the fourth quarter dropped be...
By Our Special Correspondent in Calcutta

Business  /  Published 07.02.19

Barons bet heavily on Bengal

Bengal bagged investment proposals close to Rs 43,500 crore from the bigwigs of Corporate India on the first day of the Bengal Global Business Summit with Mukesh Ambani’s Reliance leading the pack, ...
By Sambit Saha & Pinak Ghosh in Calcutta

Business  /  Published 03.02.20

Cigarette price hike to cover tax

Market leader ITC may be forced to make a double-digit hike in cigarette prices to tackle the tax whammy dealt by the Union Budget on Saturday.Brokerages and industry sources differed on the extent of...
By Sambit Saha in Calcutta

Business  /  Published 24.10.19

ITC reaps tax cut gains

ITC has reported a 37 per cent spike in net profit on a consolidated basis for the quarter ended September 30, 2019, after it realised additional tax benefits from accelerated depreciation arising out...
By Our Special Correspondent in Calcutta

Business  /  Published 12.05.19

ITC board meet today amid void

The ITC board will meet on Monday for the first time in a quarter of a century without the looming presence of Yogesh Chander Deveshwar at its helm.The apex body of the conglomerate is scheduled to t...
By Our Special Correspondent in Calcutta


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