Q2 Results: ITC Profit  Meets Estimates, Stock Declines
Bingo wafers, made by ITC Ltd., sit for sale at a shop in Mumbai. (Photographer: Adeel Halim/Bloomberg News)

Q2 Results: ITC Profit Meets Estimates, Stock Declines

ITC Ltd.’s net profit rose for the eleventh straight quarter, matching analyst estimates.The cigarettes-to-luxury hotels conglomerate’s net profit rose 12 percent year-on-year to Rs 2,955 crore for...
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