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ITC Ltd

ITC Q4 net profit grows nearly four-fold to Rs 19,807 cr; revenue almost flat at Rs 20,376 cr

Its revenue from operations for the quarter under review was nearly flat at Rs 20,376.3 crore against Rs 20,349.9 crore in Q4 FY24 New Delhi: Diversified conglomerate ITC Ltd on Thursday posted a nearly four-fold jump in consolidated net profit...

ITC leveraging AI for supply chain efficiency, demand forecasting

The company has built pilot plants for various categories, enabling rapid prototyping and testing of products based on these insights Kolkata: ITC Ltd on Saturday said it is leveraging artificial intelligence and a robust digital backbone to accelerate product innovation,...

ITC Q1 net profit flat at Rs 5,177 cr, revenue up 7.5% to Rs 20,029.5 cr

Gross Revenue was up "in a challenging operating environment, driven by Hotels, Value Added Agri products and Leaf Tobacco," said ITC in an earning statement New Delhi: Diversified group ITC Ltd on Thursday reported a marginal decline in consolidated net...

ITC Q4 profit marginally down to Rs 5,191 cr, revenue up 2% at Rs 19,446 cr

Revenue from operations in the fourth quarter was at Rs 19,446.49 crore New Delhi: Diversified entity ITC Ltd on Thursday reported a marginal decline in consolidated net profit at Rs 5,190.71 crore for the fourth quarter ended March 31,...

ETP Group launches two retail products, eyes ~60% topline growth per year

Unlike its established product  ETP V5, with Ordazzle and ETP Unify, the company aims to target mid-sized businesses from the retail ecosystem Mumbai: Singapore-based leading retail software company ETP Group launched two cutting-edge cloud-based platforms—Ordazzle and ETP Unify—in India on Wednesday....

ITC becomes the second company after Amazon to use inland waterways

ITC Limited joined hands with Inland Waterways Authority of India to ship FMCG products through inland waterways using National Waterway 1 New Delhi: ITC has become the second company after Amazon to use inland waterways for commercial transport, an official...

BAT to sell up to 3.5% stake in ITC via block trade

Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 crore New Delhi: British multinational BAT PLC on Tuesday said it plans to...

Q-commerce has been a great thing for frozen foods: Ashu Phakey, ITC Ltd.

Ashu Phakey, vice president and business head for ITC Ltd.’s frozen, fresh and packaged goods on the category’s growth, its potential and myths surrounding frozen food Ashu Phakey is the vice president and business head for ITC Ltd.’s frozen,...

Interim budget to support growth, enhance investors’ sentiment: Industry captains

The banking sector and microfinance institutions also hailed the interim budget presented by Union Finance Minister Nirmala Sitharaman in Parliament on Thursday New Delhi: Several industry captains on Thursday lauded the interim budget, stating that it will support the country's...

ITC Q3 net profit rises 6.5% to Rs 5,400.52 crore

Its gross revenue from sales rose 2.3 per cent to Rs 19,337.84 crore during the quarter under review New Delhi: Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs 5,400.51 crore...
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Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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