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ITC Q4 Results: Revenues Jump On BAck Of Cigarette Sales

ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales.

Net profit of the consumer goods company also India’s largest cigarette maker rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. Sales of cigarettes increased 6.9% sequentially.

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