During the quarter the company reported a profit of Rs3,013.5 crore. The company’s cigarettes business reported disruptions as the state-wide lockdowns in April and May impacted store timings and imposed mobility restrictions. The company’s FMCG-others business reported segment revenue of ₹3,726 crores, up 10.4% year‐on‐year, on a high base. Segment revenue for hotels declined 55.78% sequentially but grew well over 400% year-on-year to touch ₹127.24 crore. Segment revenue for the company’s paperboards, paper and packaging segment was up 54% year-on-year.

Source: Mint July 24, 2021 16:41 UTC