ITC Q2 results Overall Performance Revenue: ₹20,360 Cr Profit: ₹6,314 Cr Margin: 31% Cigarettes Segment Numbers Revenue: ₹8,177 Cr Profit: ₹5,023 Cr Margin: 61% 🤯 Cigarettes constitute 40% of the revenue and 80% of the profits. High dopamine businesses have very high margins.They keep outperforming other businesses. Moreover, it’s the best kind of consumer retention without much marketing spend 😂
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