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#316 Daily Money Show | Money Purse Stock Market News
Original: # 316 Daily Money Show | Money Purse Stock Market News
Takeaway
ITC's hotel segment and FMCG returned to growth even as paperboard remained weak.
Summary
- ITC quarterly results: revenue up 15.26%, EBITDA up 14.96%, PAT growth 11.68%
- Segment profits — FMCG others up 25.1%, agribusiness up 28.5%, paperboard down 39.1%
- Hotel segment: last year quarterly loss of Rs 40 crore, now growth of 9.2% QoQ
- EBITDA margins improved to 30.3% QoQ from 33.1% earlier
- PAT YoY growth 69.6%, QoQ 63.7% — solid recovery
ITCquarterly resultsFMCG
Original description
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