Categories
· Business (Tobacco)
· Business (General)
non-USA, by Country
· India
Organizations
· ITC
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Jump to full article: The Times of India, 2007-10-27
Intro: Diversified major ITC Ltd on Friday reported a 13.4% jump in Q2 net profit to Rs 770.87 crore on the back of improved performances by its non-cigarette businesses.
However, the tobacco-to-hotels conglomerate - which has been trying to reduce its dependence on cigarettes - said underlying growth in post-tax profit was higher at 18.7% after adjusting for the tax refund of Rs 30 crore received in the corresponding quarter last year.
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