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ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
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...
ITC leverages innovative packaging and product premiumization to elevate customer experience
ITC, a diversified conglomerate, is focusing on enhancing product experience and shelf life while promoting sustainability through innovative packaging. The company is also managing...
ITC, Tata Consumer exit plant-based meat market as interest wanes and viability dwindles
ITC Ltd. and Tata Consumer Products Ltd. have opted out of the plant-based meat market, citing a decline in its buzz and economic feasibility....
Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states
The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...
ITC Aashirvaad expands portfolio, launches ‘Himalayan Pink Salt’ with no added colors
ITC Aashirvaad Salt has unveiled its latest offering: Himalayan Pink Salt. Also recognized as Sendha Namak or Saindhava Lavana in India, this salt variety...
BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
Fortune Hotels charts course for rapid expansion, targets new hotel every month in FY25
Fortune Hotels, under the umbrella of ITC's hotel group, is gearing up to launch a new hotel every month in the ongoing financial year,...
ITC to expand hospitality footprint overseas, eyes neighbouring markets and Middle East
ITC, a diversified conglomerate, plans to expand its presence in the hospitality sector by venturing into more overseas markets, particularly in neighbouring countries and...
DS Group’s Catch Spices hits INR 1,000 Crore in sales, plans expansion into ready-to-cook and digital-first products
DS Group's Catch Spices has crossed INR 1,000 crore in sales, marking a significant milestone for the brand. This achievement positions Catch salt and...
ITC Hotels charts course for expansion, targets 70 new properties within next five years
ITC Hotels aims to grow its portfolio from the existing 130 hotels to 200 within the next five years by launching new properties across...
FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...
After Amazon, ITC becomes second company to utilize inland waterways for FMCG transport
ITC has become the second company, after Amazon, to employ inland waterways for commercial transport, as per an official statement.The statement added that ITC...