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ITC to acquire organic FMCG staples brand 24 Mantra Organic for ₹472.5 crore

🙏 I was Analysing the business model of ITC and I was shocked to see. Almost 40% revenue and profit comes from Cigarette sales and it’s the second largest FMCG company in india. #startup #business #ITC #startupideas

Revenue model of ITC 🙏 Almost 40% of revenue as well as profit comes from Cigarette sales, and it's the second largest FMCG company in india. Get more insight (Source)- https://www.startupsunion.com/blog/indian-startup-stories-5/business-model-of

ITC, a major player in the FMCG sector, is set to acquire an additional 73.5% stake in Mother Sparsh Baby Care, a D2C brand known for its natural baby care products. This move will make Mother Sparsh a wholly-owned subsidiary of ITC. The acquisition

Breakdown on how ITC makes money from it's different businesses in India.

PNB Customers (Account holder) update his his KYC before 10th April otherwise account will be closed

Honestly this earnings season I think most companies except for some in tech and banking could actually post pretty decent results. Tech might take a slight hit because of weak demand but sectors like FMCG, infrastructure, defence etc seem well posit

ITC ka financial results sahi aya hai

Anyone building something unique in FMCG space ?