ITC is the biggest producer and distributor of cigarettes in India. It's a diversified conglomerate that derives about 75% of its EBIT from cigarettes.
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 bu
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financialnews
Stealth • 3d
"ITC Invests ₹111 Crore in EIH and Leela Mumbai Ahead of Hotel Demerger"
"ITC Acquires Stakes in EIH and Leela Mumbai Worth ₹111 Crore Before Hotel Demerger"
ITC Ltd Consolidates Stakes in Oberoi and Leela Ahead of Hotel Business Demerger
ITC Ltd,
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Aarihant Aaryan
Stealth • 8m
We are the second largest cigarette market globally with a consumption of over 800billion cigarettes annually
But how did cigarettes cement its place in India when hookahs, chewing tobacco and pipes had deeper penetration
The British love cigaret
Over 80% of semiconductors are made in Asia, with 92% of the world's most advanced semiconductors manufactured in Taiwan. The Taiwan Semiconductor Manufacturing Limited (TSMC) is the biggest producer of semiconductors in the world and holds 54% of th
GE has completed its breakup into three companies, marking the end of an era for the industrial conglomerate pioneer that was once a symbol of American business power.
The industrial giant's aerospace and energy businesses will begin trading as sepa
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4 replies8 likes
ARIZ
Stealth • 4m
The rivalry between the Adani Group and Birla Group in the cement industry has intensified, reflecting broader trends in the Indian business landscape. Both conglomerates have deep-rooted interests in various sectors, but their competition in cement
The world’s biggest importer of semiconductors is China, with the United States running a close second. China relies on semiconductors to power its massive consumer electronics industry. In 2020, China spent more on semiconductors than it did on oil
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5 replies10 likes
Rohan Saha
Stealth • 1m
i think the RBI might cut its rates next season because companies earnings this season have been very poor. It’s the lowest in the last four years, and this is currently one of the biggest concerns for the Indian market.
1 replies5 likes
Vikas Acharya
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Medial • 2m
Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday. Ratan Tata had been in the intensive care unit of a hospital in Mumbai on We
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Adarsh Sahoo
Stealth • 19d
Cinevest
invest in Cinema. it will be possible and more profitable. so anyone if interested I can elaborate..
1. First thing there is one primary producer like karan Johar sir first rise the fund only 10% of Cinema budget
2. We will listed this Ci