Tag: ITC
Piece of Cake: Pandemic sweetens cake sub-segment, attracts bigwigs
Pandemic-induced acceleration in consumption of bakery items has attracted food majors to venture into the "sweet and convenient" sub-category...
ITC’s diversification strategy bearing fruits
Over the years, ITC Ltd has transformed itself into an umbrella group that offers a diversified product mix.Its position...
ITC’s July-September consolidated net profit down 18 pc
FMCG-to-hospitality major ITC Ltd on Friday reported an 18.23 percent fall in its consolidated net profit at Rs 3,413.44...
ITC to focus on eastern market for its dairy business
Diversified conglomerate ITC will focus on the eastern regional markets of the country for its new dairy business vertical,...
ITC’s Savlon to become a Rs 1,000 crore brand
Highlighting Savlon as an example of creating value from acquisitions, the ITC said on Wednesday that Savlon is on...
ITC plans to merge three subsidiaries with itself, board meeting in...
Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods,...
FMCG stocks on a roll as household binge during lockdown drives...
Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption...
ITC acquires Sunrise Foods for Rs 2,150 crore
Diversified business entity ITC Ltd on Monday announced acquisition of spices manufacturer Sunrise Foods Private Ltd (SFPL) in an...
ITC’s profit after tax falls 25 pc to Rs 2,567.07 crore...
Diversified group ITC Ltd on Friday reported a 25 percent decline in consolidated profit after tax at Rs 2,567.07...
Intermittent lockdowns in several states disrupt FMCG firms’ momentum, July output
FMCG companies, which saw sales recovering to pre-COVID-19 levels in June, are uncertain if the same momentum could be...
