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    • ITC Q2 net flat at Rs 2431cr, cigarette lifts EBITDA margin

      ITC Q2 net flat at Rs 2431cr, cigarette lifts EBITDA margin

      ITC's July-September quarter earnings missed analysts' expectations on Friday with profit flat Rs 2,431 crore and revenue falling over 1 percent to Rs 8,904 crore year-on-year.

    • ITC Q1 profit seen up 5%, cigarette volume may fall 11-15%

      ITC Q1 profit seen up 5%, cigarette volume may fall 11-15%

      Cigarette volumes may see double digit decline for the fourth consecutive quarter but that decline may moderate from December quarter onwards, feel analysts. They expect cigarette volumes to decline by 11-15 percent in Q2 owing to price hikes against 16 percent fall in Q1FY16, 13 percent in Q4FY15, 14 percent in Q3FY15 and 5 percent in Q2FY15.

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