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ITC Q1 net profit tanks 26% to Rs 2,342.76 crore from previous year's 3173.94 crore

ITC Q1 net profit tanks 26% to Rs 2,342.76 crore from previous year's 3173.94 crore

Jul 25, 2020, at 04:58 am

Kolkata/IBNS:  Tobacco and hotel to FMCG major ITC on Friday said unprecedented disruptions in economic activity caused by nationwide lockdowns in the wake of COVID-19 pandemic weighed on the company’s performance during the quarter as the Gross Revenue stood at Rs.9435.61 crores representing a decline of 17%.