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ITC Q2 results Overall Performance Revenue: โน20,360 Cr Profit: โน6,314 Cr Margin: 31% Cigarettes Segment Numbers Revenue: โน8,177 Cr Profit: โน5,023 Cr Margin: 61% ๐คฏ Cigarettes constitute 40% of the revenue and 80% of the profits. High dopamine bu
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"ITC Invests โน111 Crore in EIH and Leela Mumbai Ahead of Hotel Demerger" "ITC Acquires Stakes in EIH and Leela Mumbai Worth โน111 Crore Before Hotel Demerger" ITC Ltd Consolidates Stakes in Oberoi and Leela Ahead of Hotel Business Demerger ITC Ltd,
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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
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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
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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
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Daily(irregular ๐ ) dose of financial ratios by Anirudh Gupta Lets learn these two ratios 1.Capital turnover ratio: =Sales or Cost of goods sold/Capital employed Capital employed=Shareholders funds+ Non-current liabilities Purpose: -To understa
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