Moneycontrol PRO

business

ITC Q3 net seen up 5%, cigarette volumes may decline moderately

Analysts polled by CNBC-TV18 feel cigarette volumes which contribute 40-45 percent to revenue may decline but more moderately. Cigarette volume is estimated to decline by 5-8 percent and may decline moderately owing to low base.

first published: Jan 21, 2016 04:59 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347