Latest news with #ITCLimited
Time of India
2 days ago
- Business
- Time of India
ITC Limited will make its next investment in Andhra Pradesh: Sanjiv Puri
New Delhi: ITC Limited will make its next investment in Andhra Pradesh, said Sanjiv Puri, Managing Director of the company and CII President, during the CII Annual Business Summit 2025 in the national capital. "The next investment we make will be in Andhra Pradesh, and then you will hear about it very soon, Puri said, speaking with Andhra Pradesh Chief Minister Chandrababu Naidu in the concluding session of the industry body's annual business summit. "Chief Minister, it is with that thought in mind about the point you made on performance, we know it from the past. That is what motivated me to say we are going to invest because we have seen how you have transformed in the past, and we are seeing the speed with which Andhra Pradesh is now transforming, and this has all been very encouraging to all of us," said ITC's MD, talking to Naidu. ITC is one of India's foremost private sector companies with presence in Fast Moving Consumer Goods (FMCG), Packaging, Paperboards & Specialty Papers, Agri and IT businesses. The company has been investing heavily in the state across sectors. In the quarter that ended on March 31, the company delivered a resilient performance during the year amidst a challenging macroeconomic and operating environment. For FY25, Gross Revenue and EBITDA from Continuing Operations stood at Rs 73464.55 crores and Rs 24024.83 crores respectively. Profit Before Exceptional items and Tax stood at Rs 26000.86 crores. ITC's FMCG-Others segment delivered a resilient performance amidst weak demand conditions and the significant increase in competitive intensity from regional or local players. As per the company's statement, its businesses continue to leverage the power of digital to drive superior consumer insights & innovation, deepen consumer engagement and enhance brand loyalty. The Company's deep and wide multi-channel distribution network, with tailored channel-specific assortments, continues to sharply target opportunity areas through superior product availability and visibility. Focused investments continue to be made to enhance distribution infrastructure and drive penetration across markets. Addressing the summit, Andhra Pradesh CM invited industry's investments in the state, stating that this is the "right time" to invest in India's development. CM Naidu highlighted the state's strategic roadmap under the Swarna Andhra Vision 2047, focusing on accelerated economic growth, inclusive development, industrial resurgence, and innovation-led transformation.
India Gazette
3 days ago
- Business
- India Gazette
ITC Limited will make its next investment in Andhra Pradesh: Sanjiv Puri
New Delhi [India], June 1 (ANI): ITC Limited will make its next investment in Andhra Pradesh, said Sanjiv Puri, Managing Director of the company and CII President, during the CII Annual Business Summit 2025 in the national capital. 'The next investment we make will be in Andhra Pradesh, and then you will hear about it very soon, Puri said, speaking with Andhra Pradesh Chief Minister Chandrababu Naidu in the concluding session of the industry body's annual business summit. 'Chief Minister, it is with that thought in mind about the point you made on performance, we know it from the past. That is what motivated me to say we are going to invest because we have seen how you have transformed in the past, and we are seeing the speed with which Andhra Pradesh is now transforming, and this has all been very encouraging to all of us,' said ITC's MD, talking to Naidu. ITC is one of India's foremost private sector companies with presence in Fast Moving Consumer Goods (FMCG), Packaging, Paperboards & Specialty Papers, Agri and IT businesses. The company has been investing heavily in the state across sectors. In the quarter that ended on March 31, the company delivered a resilient performance during the year amidst a challenging macroeconomic and operating environment. For FY25, Gross Revenue and EBITDA from Continuing Operations stood at Rs 73464.55 crores and Rs 24024.83 crores respectively. Profit Before Exceptional items and Tax stood at Rs 26000.86 crores. ITC's FMCG-Others segment delivered a resilient performance amidst weak demand conditions and the significant increase in competitive intensity from regional or local players. As per the company's statement, its businesses continue to leverage the power of digital to drive superior consumer insights & innovation, deepen consumer engagement and enhance brand loyalty. The Company's deep and wide multi-channel distribution network, with tailored channel-specific assortments, continues to sharply target opportunity areas through superior product availability and visibility. Focused investments continue to be made to enhance distribution infrastructure and drive penetration across markets. Addressing the summit, Andhra Pradesh CM invited industry's investments in the state, stating that this is the 'right time' to invest in India's development. CM Naidu highlighted the state's strategic roadmap under the Swarna Andhra Vision 2047, focusing on accelerated economic growth, inclusive development, industrial resurgence, and innovation-led transformation. (ANI)
News18
6 days ago
- Health
- News18
World Digestive Health Day: How Fibre, Sleep, and Stress Shape Digestive Health
Last Updated: On World Digestive Health Day, let's pledge to nurture our guts in a holistic way because a happy tummy is the cornerstone of a fulfilling life. In today's fast-paced world, digestive health often takes a backseat until discomfort arises. Yet, the gut is far more than just a processing unit for food—it's the cornerstone of overall well-being, influencing everything from immunity to mental health. Recent findings from the Aashirvaad Multigrains Happy Tummy Survey reveal startling gaps in Indians' fibre intake, with 70% falling short of daily recommendations. But fibre is just one piece of the puzzle. Sleep, stress, and lifestyle factors intertwine to form a rich tapestry that either supports or undermines digestive harmony. Alarmingly, the survey also states that 74% of women and 64% of men are not consuming enough fibre daily. This shortcoming is concerning, given the role fibre plays in preventing constipation, obesity, type 2 diabetes, and cardiovascular disease. Even more troubling is that 78% of Indians do not know how much fibre they need, revealing a knowledge gap that perpetuates the issue. Fibre isn't merely about regularity; it acts as a prebiotic that nourishes the gut microbiome, a trillion-strong community of bacteria responsible for digestion, immunity, and even mood. The diversity and health of gut microbiota rely on fibre-rich diets, especially from whole grains, fruits, and vegetables. Yet the survey highlights poor consumption habits: 74% omit multigrains daily, 70% do not eat fruits daily, and 55% eat vegetables only once a day. By Dr. Agatha Betsy, Head: Nutrition Sciences, ITC Limited shares powerful insights: Although diet is paramount, digestive health is also influenced by two frequently underemphasized factors: sleep and stress. Sleep deprivation doesn't just pose a general health risk—it directly affects the balance of the gut microbiota. Studies link inadequate sleep to a decrease in beneficial gut bacteria and an increase in inflammation, aggravating conditions such as irritable bowel syndrome (IBS). Interrupted sleep patterns also impair gut motility, leading to bloating and irregular bowel movements. 2. Stress: The Gut's Frenemy Stress activates the 'fight-or-flight" response, which redirects blood flow away from the gut and slows digestion. Chronic stress can disrupt gut bacteria, increase intestinal permeability (commonly known as 'leaky gut"), and worsen symptoms in disorders like acid reflux and IBD. The gut-brain axis—a two-way communication network—allows stress to cause digestive issues, and vice versa, creating a vicious cycle of discomfort and anxiety. Bridging the Gap: Easy Steps to Holistic Gut Health Fibre First: Include multigrains such as oats, millets, or atta with multigrains, along with legumes and 5–7 servings of fruits and vegetables daily. Just three rotis made from multigrain atta can contribute up to 35% of your daily fibre requirement. Prioritize Sleep: Aim for 7–8 hours of quality sleep. Establish a bedtime routine by reducing screen time at night and creating a sleep-friendly environment. Stress Management: Practice mindfulness, yoga, or deep-breathing exercises. Even 10 minutes a day can reduce cortisol levels and enhance gut function. Hydration and Movement: Drink plenty of water to help fibre function effectively, and engage in regular physical activity to stimulate digestion. Simple dietary changes can transform gut health, but it's essential to take a broader view. Digestive well-being isn't just about what's on your plate, it's a harmonious balance of nourishment, rest, and emotional resilience. On World Digestive Health Day, let's pledge to nurture our guts in a holistic way because a happy tummy is the cornerstone of a fulfilling life. First Published: May 29, 2025, 12:21 IST
Business Insider
25-05-2025
- Business
- Business Insider
Jefferies Remains a Buy on ITC Limited (ITC)
Jefferies analyst Vivek Maheshwari maintained a Buy rating on ITC Limited (ITC – Research Report) on May 23 and set a price target of INR535.00. The company's shares closed last Friday at INR436.30. Confident Investing Starts Here: According to TipRanks, Maheshwari is ranked #5423 out of 9536 analysts. Currently, the analyst consensus on ITC Limited is a Strong Buy with an average price target of INR497.00, representing a 13.91% upside. In a report released on May 23, Investec also maintained a Buy rating on the stock with a INR493.00 price target. Based on ITC Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR184.57 billion and a net profit of INR50.92 billion. In comparison, last year the company earned a revenue of INR170.33 billion and had a net profit of INR51.05 billion
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Business Standard
23-05-2025
- Business
- Business Standard
ITC Hotels shares rally 11% in 3 days, hits new high on healthy outlook
ITC Hotels share price today ITC Hotels shares hit a new high of ₹222.60, gaining 3.5 per cent on the BSE in Friday's intraday trade amid heavy volumes. The stock price of the company is quoting higher for the third straight trading day, having rallied 11 per cent during the period. In the past two weeks, ITC Hotels stock has surged 22 per cent. ITC Hotels, which was recently demerged from ITC Limited, began trading in the stock markets on January 29, 2025. The stock has recovered 41 per cent from its 52-week low level of ₹158, which it touched on February 25, 2025. At 10:24 AM, ITC Hotels was quoting 1.6 per cent higher at ₹218.65, as compared to 0.65 per cent rise in the BSE Sensex. Around 6.44 million equity shares have, cumulatively, changed hands on the NSE and BSE so far in trade. ITC Hotels Q4 results ITC Hotels, on May 15, 2025, reported a record 40.8 per cent year-on0year (Y-o-Y) rise in consolidated net profit at ₹257 crore in the fourth quarter of financial year 2025—its first quarter post demerger from consumer goods major ITC Limited. The company had posted a net profit of ₹182.5 crore in the same period last year. Its revenue from operations rose 17 per cent to ₹1,060.6 crore from ₹907.3 crore a year ago. Profit before interest, depreciation and tax (PBIDT) rose 12.1 per cent year-on-year to ₹365 crore from ₹325.7 crore. Earnings before interest, taxes, depreciation and amortisation (Ebitda) margins came at 40 per cent, expanding by 350 bps over last year, driven by higher Revenue per available room (RevPARs), growth in F&B revenue, higher management fees, structural cost interventions and operating leverage. Room revenues continued their strong growth trajectory, driven by broad-based performance across segments such as retail, contracted bookings, weddings and airline crew. "The average daily rate (ADR) at approximately ₹12,500 and occupancy at 73 per cent saw robust year-on-year growth, supported by sustained demand across key markets and smart revenue management," the company stated in a release. For the quarter, room revenues increased 16 per cent, buoyed by strong ADRs at approximately ₹15,000 (a 14 per cent increase) and high occupancy levels at 79 per cent. RevPAR grew by 17 per cent. Hotels industry outlook A favorable demographic profile, steady domestic demand and rising consumption levels augur well for the hospitality industry in India. Aggregate room demand in India is expected to grow ahead of supply. Further, potential for growth in foreign tourist arrivals (which still trail pre-pandemic levels by 12 per cent) and Government's thrust on enhancing infrastructure and connectivity, boosting employment and promoting the tourism sector are expected to fuel growth in the Indian Hospitality industry, ITC Hotels said. Elara Capital on ITC Hotels ITC Hotel has upgraded its expansion target to 220 hotels (200 earlier) with 20,000+ keys (18,000 earlier) by FY30, backed by a robust pipeline of 50 hotels (~4,500+ keys), with focus on brownfield opportunities. ITC Ratnadipa in Colombo turned Ebitda positive in H2, highlighting a strong operational performance. RevPAR has shown robust growth, doubling in Q4 versus Q1. With healthy occupancy and improving margins, ITC Ratnadipa is now a meaningful contributor to both revenue and Ebitda and is expected to remain a key growth driver, going forward. The brokerage firm expects Ebitda to grow at a compounded annual growth rate (CAGR) of ~13 per cent for the hotel business through FY25-27E, led by scale-up in occupancy and growth in management fees income. ITC Hotel is expected to generate healthy free cashflow every year, which can become a drag on return on capital employed (RoCE), if not employed in productive assets. "We have increased our topline and Ebitda estimates by 8 per cent and 5 per cent for FY26E and by 10 per cent and 9 per cent for FY27E. So, we raise our SoTP-based target price to ₹ 225 (₹ 203 earlier), valuing the hotels business at 28x (unchanged) FY27E EV/EBITDA and Sapphire Residences at 1x (unchanged) NAV," Elara Capital said in Q4 result update.
