ITC shares drop 3% on Q3 results, analysts cautious on margins, FMCG performance, target prices revised by brokerages.
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ITC reports a 1% rise in standalone net profit at Rs 5,638 crore for Q3FY25, driven by cigarettes, hotels, and agri-business, ...
ITC share price dropped over 2% today, extending fall for the third day, as investors reacted to its mixed Q3 results.
ITC fell 2.07% to Rs 432.25 after the company reported 1.2% rise in net profit to Rs 5,638 crore on a 8.6% increase in net revenue to Rs 17,726 crore in Q3 FY25 as compared with Q3 FY24.
ITC's revenue from the FMCG-others segment was also up 4 per cent to ₹ 5,427.7 crore during the quarter under review. The ...
Nirmal Bang said ITC’s Q3 results were a mixed bag. Cigarette volume growth came in better than expectation, but margin for cigarette and other FMCG segments remained under considerable pressure.
Fast Moving Consumer Goods (FMCG) major ITC Ltd. consolidated net profit for the third quarter ended December 31 slid 7% year-on-year to ₹5,013 crore impacted by a sharp escalation in input cost.
ITC's Q3 revenues are expected to grow by 8% year-on-year, driven by strong performances in the hotel and agri businesses.
Results: The board has proposed an interim dividend of Rs 6.5 per share for the financial year ending March 2025. Despite subdued demand and rising input costs, the company delivered a resilient ...
Out of the Nifty 50 companies, 21 stocks advanced while 30 declined. Among the top gainers were Cipla, Adani Ports, ITC ...