ITC shares slip after Q4 results miss street expectations despite revenue jump
Mumbai/IBNS, May 22 -- Shares of ITC Limited slipped nearly 1 percent on Friday after the company reported its fourth-quarter results for FY2025-26, which largely remained in line with expectations but failed to excite investors, media reports said.
Q4 Revenue Rises Amid West Asia Disruptions
ITC reported a strong operational performance despite supply chain disruptions and logistical challenges arising from the ongoing conflict in West Asia.
The company's gross revenue rose 17.5 percent year-on-year during the quarter.
Paper Segment Shows Strong Recovery
ITC's paperboards and paper segment continued its recovery momentum, with profits rising 21 percent year-on-year and 24 percent sequentially.
The company said the agri business per...
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