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ITC posts 37% rise in net profit at Rs 4,175 crore, beats street estimates

ITC pointed to some measures as having helped it get over the muted demand in the markets

Topics
ITC | Q2 results | FMCG ITC

Avishek Rakshit  |  Kolkata 



ITC

Despite a challenging business environment, particularly in the rural belt, cigarettes to hotels major beat Street estimates to post a 37 per cent rise in net profit to Rs 4,175 crore for the quarter ended September 30, primarily via the government’s tax benefit measures.

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First Published: Thu, October 24 2019. 19:34 IST

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