October 7, 2026
Business

ITC revenue grows 17% as cigarette tax bites, consumer brands surge(Soban News)

While the cigarettes division posted healthy numbers, the firm cautioned that high taxes imposed in Feb may encourage illicit sales. Meanwhile, ITC’s packaged consumer brands business grew rapidly in the March 2026 quarter. However, the Iran war may dampen growth across verticals

​While the cigarettes division posted healthy numbers, the firm cautioned that high taxes imposed in Feb may encourage illicit sales. Meanwhile, ITC’s packaged consumer brands business grew rapidly in the March 2026 quarter. However, the Iran war may dampen growth across verticals by Soban News (international And National News)

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