May 21, 2026
✦@businessline
ITC Q4 outlook weakens; cigarette business seen under pressure from higher GST
ITC's Q4 looks a bit slow, with their cigarette business feeling the pinch from higher taxes. Analysts expect "cigarette net revenue and EBIT are likely to decline." But don't worry, their other everyday goods business is set for good growth, though the farming side might struggle a bit due to world events.