ITC not to exit cigarette business: Deveshwar

ITC chairman Y C Deveshwar on Friday said the company would not exit its once bread and butter cigarette business, although it would continue diversifying into more new areas of business.

ITC Ltd Q1 net profit up 17% at Rs 879 cr

FMCG conglomerate ITC Ltd on Thursday said its net profit rose by 17.36 per cent to Rs 878.70 crore for the first quarter ended June 30, 2009, over the same period last year.