E-PaperItc Revenue News
ITC posts 3.85% jump in Q3 profit to ₹3,209 crore
Net profit came in at ₹3,209 crore for the three months ended 31 December 2018, compared with ₹3,090 crore a year agoSales of cigarettes grew by 9.6% with profit before tax for the segment up by 7.8% to ₹8,409 crore during the quarter
2 min read23 Jan 2019ITC Q2 results 2018-19: Smoke signals don’t bring good news
While the cigarette business seems to have shrugged off the effects of GST, impact of new packaging and a further increase in taxes are threats for ITC
2 min read29 Oct 2018ITC aims to match revenues from managed hotels to that from owned properties
ITC needs to strike a balance between owned-properties and managed hotels, managing director Sanjiv Puri said
2 min read27 Jul 2018ITC Q3 profit rises 16.75% to Rs3,090.2 crore on all-round profitability
Revenue for the December quarter rose 3% to Rs10,579.11 crore from Rs10,258.13 crore in the preceding October quarter, ITC said
2 min read20 Jan 2018ITC: Done in by the cigarette cess hike, but not out yet
What seemed like a windfall for ITC, in the form of a stable tax regime and a lower tax outgo under GST, went wrong after a sharp hike in the cess on cigarettes
2 min read30 Oct 2017Additional tax on cigarettes under GST will impact legal sales: ITC
ITC says the additional tax burden under the GST regime will 'exacerbate' the pressure on the entire legal cigarette value chain
1 min read28 Jul 2017ITC Q2 profit up 10.5% to Rs2,262.5 crore
ITC's net profit rose to Rs2,500 crore in the three months ended 30 September from Rs2,262.5 crore a year ago
1 min read26 Oct 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared