ITC (1QFY25 Results Review): Non-FMCG Business Dents Profitability. Maintain REDUCE
We expect mean reversion/normalization in the non-FMCG business, which had seen a significant spike post-COVID. Additionally, two more tactical...
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ITC Ltd. - Inline Numbers; Maintain BUY
The company’s Q1FY25 overall results were in line with estimates. This was due to broad performance across segments (excluding paperboard).
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ITC Ltd - Marginal Miss On Topline; Maintain BUY
Marginal Miss on Topline: The company’s Q4FY24 overall results were inline with estimates, though there was marginal miss on revenue.
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ITC Ltd - Short Term Hiccup; Maintain BUY
The revenue grew by 1% YoY to Rs 16,314 Cr owing to subdued performance in Cigarettes (flat volume growth) on account of high base and continued...
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ITC Ltd - Encouraging Performance; Maintain BUY
The company’s revenue grew by 3% YoYto Rs 16,394 Cr, mainly due to subdued performance in the agriculture and paperboard businesses.
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