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ET Markets - Stocks 52d ago
ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?
ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth in its FMCG business. Brokerages foresee marginal revenue growth, pressure in agri and paper segments, and EBITDA contraction, with pricing actions and demand trends remaining key investor watchpoints.
AWLITCJKPAPERFast Moving Consumer GoodsForest Materials