ITC Ltd
ITC, a͏ diversified con͏glome͏rat͏e, repo͏rted a͏ 12% i͏nc͏rease in consumer spending on its FMCG produc͏ts, reaching nearly͏ INR 32,50͏0 cr͏ore in FY24. This growth͏ reflects purch͏a͏s͏ing͏ ͏activity across͏ ͏more than 25 cror͏e h͏ouse͏h͏olds that͏ have acce͏ss...
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year (YoY). This figure is slightly lower than the net profit of INR...
Breaking News
Rising inflation and shifting consumer preferences drive major brands to prioritize premium products over mass market offerings
The allure of the 'bottom of the pyramid' appears to be waning for major consumer goods manufacturers. Over the past two years, they've introduced...
FMCG manufacturers revamp packaging for e-commerce as online sales surge
Consumer goods manufacturers are redesigning their product packaging to be more e-commerce friendly due to the continued growth of this sales channel in their...
ITC takes the lead as top FMCG manufacturer in the food sector
In the nine months leading up to September, ITC Ltd has emerged as the leading fast-moving consumer goods (FMCG) manufacturer in the food sector...
Fortune Park Hotels broadens presence in Tamil Nadu, unveils new hotel in Tiruppur
ITC Ltd's wholly-owned subsidiary, Fortune Park Hotels, has expanded its footprint in Tamil Nadu by inaugurating Fortune Park Tiruppur in the state. This newly...
ITC plans massive expansion in West Bengal, set to increase hotel presence & add new manufacturing unit
ITC Ltd, a prominent conglomerate, announced plans to increase its hospitality presence in West Bengal from five to nine hotels, according to Chairman and...