Archive · 2 Aug 2025

ITC's Q1 Profit Slightly Down, Revenue Driven by Cigarettes

ITC's Q1 Profit Slightly Down, Revenue Driven by Cigarettes

ITC, an Indian company, released its financial results for the first three months of the year.

Their profit was almost the same as last year, a bit better than expected.

They sold more cigarettes and packaged foods, especially in areas outside of cities.

The company is also seeing signs that people in cities are buying more things again because prices aren't going up as fast.

The company's agriculture business also did very well, helping the company make more money overall.

Sources