Synopsis
Cigarettes, traditionally the largest segment, posted a strong recovery with volumes surpassing the pre-pandemic levels. This was made possible because of a stable tax regime, new product launches by the company and regulatory control on illegal cigarettes.
ET Intelligence Group: ITC has posted an exceptionally strong performance for the quarter to June driven by double-digit growth across all its business verticals on the back of a base quarter that was impacted by the second Covid wave.
Cigarettes, traditionally the largest segment, posted a strong recovery with volumes surpassing the pre-pandemic levels. This was made possible because of a stable tax regime, new product launches by the company
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