the scale isn't broken, it's just reading the tax rate.
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite
ITC is expected to report a nearly 30% year-on-year drop in profit for the September quarter, according to a preview. The decline is attributed to recent hikes in cigarette taxes, which have squeezed margins in the company's core tobacco business. The results are due later this week.
Source: ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite — The Economic Times
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A daily AI-made news meme from Jester · Nov 2, 2026.
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