ITC Ltd (ITC.NS)
Fri, Oct 27 2017
* Says hotels performance hurt by highway liquor ban in quarter
Oct 27 India's biggest cigarette maker ITC Ltd posted a nearly 6 percent rise in quarterly profit on Friday, helped by lower costs.
* Consensus forecast for Sept quarter profit was 26.44 billion rupees
Sept 25 Indian shares ended lower on Monday, tracking weakness in Asian peers, with index heavyweights ITC Ltd and HDFC Bank Ltd dragging down the indexes.
July 27 Cigarettes-to-biscuits maker ITC Ltd reported a 7.4 percent increase in quarterly profit, helped by higher sales from its cigarettes segment.
* June quarter profit 25.61 billion rupees versus profit of 23.85 billion rupees last year
July 18 India's benchmark BSE index fell 1.1 percent, posting its biggest daily percentage drop this year and retreating from a record high in the previous session, as ITC Ltd slumped after the government raised a special duty on cigarettes.
July 18 Indian shares fell on Tuesday from record highs hit in the previous session as the country's biggest cigarette maker and index heavyweight ITC Ltd plunged after the federal government increased tax on cigarettes.
July 3 Indian shares rose nearly 1 percent on Monday, heading for a third straight session of gains as consumer goods makers such as ITC Ltd surged on hopes the newly implemented goods and services tax (GST) would reduce retail prices and boost sales.