Q1 Results: ITC’s Profit Rises, Meets Estimates

Net profit rose 12.6 percent over last year to Rs 3,174 crore in the quarter ended June.

Men arrange cigarette boxes in a tobacco stall, including brands made by ITC Ltd. (Photographer: Adeel Halim/Bloomberg News)

ITC Ltd.’s profit in the June quarter met estimates as its operating margin rose.

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