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ITC Q2 Profit Drops 20% Amid Shrinking Margins Business

ITC Q2 Profit Drops 20% Amid Shrinking Margins

Short2News· 1h ago ·1 reads

ITC reported a 20% decline in profit for the second quarter as margins contracted to 28% from 34.6% in the previous quarter. Despite a slight increase in revenue, the company faced significant pressure on its profitability. This financial performance highlights the challenges ITC encountered during the recent quarter, impacting overall investor sentiment.

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