ITC Q4 Results: Lower Corporate Tax Boosts Profit Even As Sales Decline
Bingo wafers, made by ITC Ltd., sit for sale at a shop in Mumbai. (Photographer: Adeel Halim/Bloomberg News)

ITC Q4 Results: Lower Corporate Tax Boosts Profit Even As Sales Decline

ITC Ltd.’s quarterly profit rose on lower corporate tax rates even as revenue declined across businesses during the period when the Covid-19 outbreak disrupted trade.Net profit rose 9.1% year-on-ye...
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