ITC s revenue from operations for the quarter ended September, excluding excise duty, increased 2.6% YoY to Rs 16,550 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose a mere 1% YoY Rs 4,886.54 crore. Operating margin shrank 44 basis points on year to 29.53%. Cigarette business revenue grew 10% on year in the quarter to Rs 7,658 crore.
Amid a challenging operating environment and high base effect in some of its operating segments, ITC Limited sustained its strong growth momentum during the quarter driven by focus on customer centricity, accelerated digital adoption, execution .
ITC gross revenue (ex-Agri Business) up 10.6% YoY; PBT at Rs. 6,546 crores, up 18.2% YoY newkerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newkerala.com Daily Mail and Mail on Sunday newspapers.
Amidst a challenging operating environment and high base effect in some of its operating segments, ITC sustained its strong growth momentum during the quarter driven by focus on customer centricity, accelerated digital adoption, execution .