Health activists and the Indian government say bigger warnings create awareness about the harmful effects of tobacco consumption and help reduce consumption.
It managed higher profitability from its cigarette business, while loss from other FMCG segment narrowed down
Cigarette volumes grew by an estimated 3-4% in-line with estimates, and aided top-line in the quarter
The $11 billion tobacco industry protested against the rules for weeks and even resorted to a brief factory shut down that cost them more than $800 million
Analysts are expecting its tobacco business to grow 2-3 per cent in Q2
King Maker Marketing is engaged in the distribution of ITC manufactured cigarette products in the US market
The number three player in the foods business is beefing up its product portfolio and distribution muscle to take on Parle and Britannia
With its gourmet coffee Sunbean, the company is looking to expand its portfolio of premium brands
Currently at number three, the foods business of the company is growing at a frenetic pace with product and category launches
The boutiques are already present in four ITC hotels, and the company is targeting a total of seven by October
FMCG, hotels, paperboards, paper and packaging are the businesses that account for a major share of the firm's assets
Company's new luxury chocolate brand Fabelle will be pan-India and in the next few months
Company says that the health sector is very small for ITC but they predict it will grow significantly
ITC did not want to reveal the investment in the sector
The company said its invention was to prepare an incense stick with no smoke , and it would be an eco-friendly product
With close to 25 mother brands in six categories, Y C Deveshwar leaves behind a company that is moving closer to being more than just a tobacco major
Lerwill resigned more than a month back on medical grounds and BAT, the single largest shareholder in ITC, is in the process of finding a replacement
The company's net standalone income during the quarter under review improved by 8.28% as Rs 13,156 cr
Cigarette volumes up; full impact of price hikes yet to play out; other non-FMCG segments a drag
Shares of the company ended 0.06% lower at Rs 250.65 on BSE