ITC shares drop 2.5% post Q2 results
ITC says stock limits on wheat, a ban on non-basmati rice exports and export duty on parboiled rice, further limited business opportunities for the agriculture business.
ITC says stock limits on wheat, a ban on non-basmati rice exports and export duty on parboiled rice, further limited business opportunities for the agriculture business.
The tobacco-to-hotel conglomerate's revenue from operations stood at ₹17,705.08 crore.
The ITC board recommended a final dividend of ₹6.75 and a special dividend of ₹2.75 per equity share.
Profit led by FMCG segment and cigarette business; ITC says geopolitical tensions and supply chain issues hardened commodity prices, creating “unprecedented” inflationary conditions