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ITC Q2 Results Review - Margins Fail To Impress; Maintain 'Accumulate': Dolat Capital

Ebitda margins contracted as increase of 10/30 bps in raw material/other expenses was fully offset by 10 bps decline in staff cost

<div class="paragraphs"><p>ITC Sunfeast biscuits at a store. (Photo: BQ Prime)</p></div>
ITC Sunfeast biscuits at a store. (Photo: BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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