ITC Q1 results: net profit at 2%; Cigarette, Agri segments drive income | Company Business News

New Delhi: ITC Ltd reported a rise of almost 2% in its independent profit in June at £ 4,912.36 crore on Friday, higher than a year ago of £ 4,819.93, but lower than street expectations. The conglomerate expenses during the quarter grew 12.7% to £ 12,872.66 crore. A 17 -analyst survey estimated ITC to report a standalone profit of £ 5.080 crore for the first quarter of the financial year. During the reporting quarter, the independent income from operations grew by 19.7% to £ 21,058.98 crore, from £ 17,593.02 crore, aided by strong performance in the Agri and Cigarette business. Earnings before interest, tax, depreciation and amortization, ebitda, for the June term were £ 6,292.3 crore. The cigarette business of the company has a year-on-year (Yoy) ‘s increase in revenue and an increase of 3.7% in profit before interest and tax (PBIT), powered by interventions to counter illegal trade, although the margins were hit by the inventory inventory. “The consumption of high -cost -leaf stock weighed on margins; partially softened by enriching the product mix and cost management. The company said. Differentiated variants and the premium segment of the Cigarettes business are still performing well, the company said. Trade to counteract, “the company said. During the June term, ITC’s fast-moving consumer goods enterprise enterprise enterprise a 5.2% increase in revenue, led by strong performance in staples, rusks, dairy, premium personal wax, home care and agarbattis. Increased commodity prices at a year-to-year for items such as edible oils, wheat and cocoa, the company has mitigated the impact through cost management, portfolio premium and targeted price actions. Through improper rain, it reads. 1,000 crore. Packaging segment on an annual basis grew by 7% to £ 2,115.76. Nuclear areas, the development of new areas, along with other wood-based industries and the implementation of satellite-based plantation monitoring systems, among others. “ITC’s new food technology business, a new vector in the ITC NEXT strategy, uses the company’s strengths in food science, manufacturing and kulinary expertise to rapidly growing online food services. Full stack technology platform has expanded to about 60 cloud kitchens in five cities, with a gross trade value (GMV) crossing £ 100 crore in FY25.

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