ITC steps up focus on non-cigarette FMCG for next leg of growth
Updated : July 12, 2019 02:31 PM IST
There was no mention of the cigarette business, which accounts for more than three-fourths of the company's operating earnings, by Puri at the AGM as the company is trying to shift its focus to the FMCG segment.
Puri said the company’s brands like Aashirvaad, Sunfeast and Bingo generated revenues worth Rs 4,500 crore, Rs 3,800 crore and Rs 2,500 crore, respectively.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more