ITC posted a 37 percent jump in net revenue for the first quarter of 2022, largely led by a growth in cigarette sales. FMCG and paper segments, aided the rise in profit. The COVID-19 second wave had limited impact on the segments, compared to the first wave, the company said.ITC’s cigarette business clocks recovery, albeit on a low base
ITC posted a 37 percent jump in net revenue for the first quarter of 2022, largely led by a growth in cigarette sales. FMCG and paper segments, aided the rise in profit. The COVID-19 second wave had limited impact on the segments, compared to the first wave, the company said.
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