ITC is expected to deliver a muted performance for the September quarter, according to analysts. Investors will closely track management commentary on demand trends across rural and urban markets following the recent GST rate cuts, along with updates on competitive intensity, raw material cost movements, and the outlook for the agri business. Advertisement

Axis Securities sees ITC to report 3.5 per cent YoY jump in profit at Rs 5,148 crore compared with Rs 4,975 crore in the same quarter last year. Revenue is seen rising 5.8 per cent YoY to 19,546 crore against Rs 18,477 crore YoY. The brokerage said it sees cigarettes segment to grow 7 per cent YoY (6 per cent volume growth. The FMCG to segment may see a growth of 5 per cent YoY and Agri 10 per cent. Papers segment may continue to remai

See Full Page