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ITC reports flat profit growth for Q1, misses estimates; revenue up 7.2%

ITC reports flat profit growth for Q1, misses estimates; revenue up 7.2%

ITC’s first quarter performance exceeded street expectations with regard to revenue. While the result was declared after the market hours, the ITC scrip closed at a fall of 0.26% at Rs 493.75 when the benchmark Sensex went up by 0.15%.

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