TCS Share Price: ITC reported a 3% YoY increase in consolidated net profit for the June quarter, reaching Rs 5,244 crore, with revenue up by 19.5%. Brokerages remain largely positive, though some have slightly adjusted target prices. While cigarette volumes show strong growth, FMCG and paper segments face margin pressures, impacting some earnings estimates for the near term.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets