ITC Q3 Results: Revenue Up 30% But Higher Expenses Hurt Margin

ITC's Q3 profit surpassed analyst estimates even as its margin contracted on higher expenses.

Bingo wafers, made by ITC Ltd., sit for sale at a shop in Mumbai. (Photographer: Adeel Halim/Bloomberg).

ITC Ltd.’s third-quarter profit rose, surpassing analyst estimates, even as its margin contracted on higher expenses.

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WRITTEN BY
Sesa Sen
Sesa is Principal Correspondent tracking India's consumption story. She wri... more
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