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ITC profit slips as cigarette tax hike, agri slowdown weigh on Q1

Sunday, August 2, 2026 - 01:12
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ITC profit slips as cigarette tax hike, agri slowdown weigh on Q1
Revenue rose on strong FMCG growth, but higher cigarette taxes, weaker agri exports and rising input costs squeezed earnings as ITC warned of imported inflation and a weak monsoon.

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