ITC Q4 profit marginally down to Rs 5,191 crore, revenue up 2% at Rs 19,446 crore

ITC Ltd, a diversified conglomerate, announced a slight decrease in its consolidated net profit for the quarter ending March 31, 2024, amounting to Rs 5,190.71 crore. This decline was attributed to a persistent weakness in consumer demand. The regulatory filing by ITC revealed that the company had recorded a net profit of Rs 5,242.59 crore during the corresponding quarter of the previous financial year.