ITC Limited is a diversified Indian conglomerate that operates in various industries such as cigarettes, hotels, paperboards, packaging, and agri-business.
Products : The company’s main products include cigarettes and other tobacco products, packaged foods, personal care products, and stationery.
ITC operates in multiple industries, including consumer goods, hospitality, and agribusiness. In its consumer goods business, ITC competes with other major FMCG players such as Hindustan Unilever, Nestle, and Procter & Gamble. In the hospitality industry, ITC operates luxury hotels under the ITC Hotels brand.
The future of ITC will depend on its ability to continue to diversify its portfolio and adapt to changing market trends, such as the increasing demand for sustainable and eco-friendly products. The company has been investing in sustainable agricultural practices and renewable energy to reduce its environmental impact.
In terms of revenue and profit, ITC reported a gross revenue of INR 52,474 crore (approximately USD 7.1 billion) and a net profit of INR 13,682 crore (approximately USD 1.9 billion) for the fiscal year 2020-2021. The company’s revenue was impacted by the COVID-19 pandemic, which affected its hotels and cigarettes businesses.