ITC Q1 Result: Profit up 30.24%, revenue rises 35.9% as segments rebound
Business | July 26, 2021 12:01 ISTITC has a strong rebound across operating segments despite operational constraints in the wake of the second Covid wave.
ITC has a strong rebound across operating segments despite operational constraints in the wake of the second Covid wave.
ITC Dividend 2021: ITC Limited has declared a final dividend of Rs 5.75 per share. The company has fixed June 11 as the record date.
ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021.
ITC's focus on increasing confidence in the FMCG turnaround will be another important catalyst for stock outperformance over the medium term.
After ITC Demerger, there would emerge as many as three companies namely hotels, FMCG and infotech.
ITC board has recommended an interim dividend of Rs 5 per share for FY 2020-21.
Market leader ITC increased cigarette prices by 10-20 per cent across some of its brands in all of its markets, following the hike in the National Calamity Contingency Duty (NCCD) announced in the Union Budget this year.
About 85 people, including staff members, at ITC Grand Chola in Chennai have tested positive for COVID-19 since December 15 last year to 1 January. Out of the total of 609 samples collected till now, 85 people were found to be Covid-19 positive.
Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah - with itself.
Equity benchmark indices extended early gains on Tuesday amid heavy buying in auto, metal and IT shares during the afternoon trading.
The Special Operations Group (SOG) of Rajasthan Police had to return empty-handed from Manesar as they could not locate suspended Congress MLA Bhanwarlal Sharma in ITC Hotel in Haryana's Manesar.
The Madras High Court has made it clear that laudatory expressions like 'Magic Masala' and 'Magical Masala' cannot be monopolised and use of similar expressions would not amount to passing off under the Trademark Act.
ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 per cent of the equity share capital of Sunrise Foods Private Limited (SFPL), a company primarily engaged in the business of spices.
Heavy buying in financial counters led equity indices to close in the positive terrain on Wednesday after a highly volatile session which saw stocks of FMCG and oil marketing companies taking a beating.
ITC sets up Rs 150 crore COVID contingency fund for vulnerable sections of society amid the coronavirus outbreak that has killed over 25,000 people worldwide.
US President Donald Trump and First Lady Melania relished the delicious 'Sikandari Raan' at ITC Maurya's famous Bukhara restaurant. The couple along with daughter Ivanka and son-in-law Jared Kushner were at Bukhara while they stayed at the 5-star property for a day during their visit to India.
In India, Donald Trump will stay at the luxurious Chanakya Suite of ITC Maurya Hotel on Sardar Patel Marg in Delhi. Armed with food testing lab and air purifiers, the hotel is all set to host Donald Trump and First Lady Melania Trump.
Heavy security arrangements have been in place as US President Donald Trump comes on his first state visit to India. Trump landed at the Sardar Vallabhbhai International Airport in Ahmedabad on Monday along with wife Melania Trump, daughter Ivanka and a delegation of high-profile US government officials. Trump will arrive in Delhi after visiting Taj Mahal with his wife on Monday evening.
US President Donald Trump will join the list of heads of states who have stayed at the ITC Maurya here during their visit to India.
The Bukhara restaurant, which has hosted several heads of states, including former US presidents, has not altered its menu for the last 41 years. Like his predecessors, Trump is likely to dine at the iconic restaurant where a 'Trump platter' is likely to be laid out for him. It will be customised according to his taste, the sources said.
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