India's ITC posts quarterly profit fall on one-time charge
29/01/2026 13:12
Jan 29 (Reuters) - Indian consumer goods conglomerate ITC ITC.NS reported a fall in third-quarter profit on Thursday, as its took a one-time charge tied to the country's new labour codes. The company, which also sells instant noodles and other food products, said its standalone quarterly profit fell to 50.89 billion rupees for the quarter ended December 31, down from 56.38 billion rupees a year ago. (Reporting by Komal Salecha in Bengaluru; Editing by Janane Venkatraman) ((Komal@thomsonreuters.com;))
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