Refile: Indian consumer giant ITC beats profit view on higher cigarette demand

ITC

30/10/2025 11:06

Corrects dateline

Oct 30 (Reuters) - Indian consumer goods major ITC ITC.NS posted a better-than-expected second-quarter profit on Thursday, helped by higher sales volumes in its core cigarette business.

The maker of 'Sunfeast' biscuits and 'Gold Flake' cigarettes reported a 5.4% rise in standalone profit of 51.80 billion rupees ($589.34 million) for the quarter ended September 30.

Analysts, on average, had expected a profit of 50.71 billion rupees, according to data compiled by LSEG.

($1 = 87.8950 Indian rupees)

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))