ITC Ltd

Frozen food feast: ITC bites into momo-maker Prasuma | Company Business News

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New Delhi: ITC Ltd on Thursday signed definitive agreements to acquire frozen food and ready-to-cook foods brand Prasuma. This acquisition will fortify the company’s presence in such future-facing categories, which the company said has a current annual market size of over ₹10,000 crore and is poised for rapid growth in the years ahead.  In a filing … Read more

ITC profit declines 7.27 pc to ₹5,013 cr in Q3 over subdued demand, surge in input costs

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New Delhi, Diversified entity ITC Ltd on Thursday reported a 7.27 per cent decline in consolidated net profit to ₹5,013.16 crore for the December quarter on account of subdued demand and sharp escalation in input costs. The company had posted a consolidated net profit of ₹5,406.52 crore in the year-ago period, according to a regulatory … Read more