India's ITC Q3 Net Rises 16 pct, Beats Forecast

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January 17, 2008
Source
Flexnews
India's top tobacco firm, ITC Ltd, on Friday beat market forecasts with a 16 percent rise in quarterly profit, helped by strong growth in packaged foods and hotels, as it bolsters its non-cigarette businesses further.
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    ITC Limited is an Indian telecommunications giant and cigarette manufacturer diversifying in the Consumer Packaged Goods market, including the snack foods sector with its brand 'Bingo!' launched in 2007.

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