Stable Q1 Seen For ITC
  • WebDesk BTVI
  • Aug 02 2019

Cigarettes to packaged consumer goods conglomerate ITC is expected to post a stable June quarter numbers, with standalone revenue seen rising 10 per cent year-on-year at Rs 11,806 crore, and net profit seen up 12 per cent at Rs 3,161 crore. Kaustubh Pawaskar, FMCG Analyst, Sharekhan, expects it to be a good quarter for ITC. He said apart from volume growth, the growth in non-cigarette FMCG business and agri business are also something to watch out for. Here’s more.