ITC posts robust growth in revenues & profits surpassing pre-pandemic levels
Lokmat Times - 22 Jun 2022
ITC has posted robust growth in 2021-22, surpassing pre-pandemic levels, powered by consumer-centricity, agility, execution excellence and proactive strategic interventions. Each business has enhanced competitiveness, with the FMCG segment delivering double-digit growth in the latter half of the year. Despite disruptions, the Company's Hotels business experienced a positive swing, and the scope and scale of the Agri Business grew to encompass 4 million tonnes in 22 states and 20 value chain clusters. Demand revival ion end-user segments resulted in profits for the Paperboards, Paper and Packaging Businesses, while ITC Infotech's consolidated income shot up by 16.8%.
ITC has also undertaken an extensive strategy reset to architect structural drivers for ITC's next horizon.
Archives