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    ITC revenue, profits surpass pre-pandemic levels; FMCG business crosses consumer spend of Rs 24000 cr in FY 22

    June 23, 2022

    ITC’s Fast Moving Consumer Goods (FMCG) business crossed annual consumer spend of Rs 24000 crore in FY 22, said the company in its annual report on Wednesday. ITC remains focused on rapidly scaling up the FMCG businesses anchored on strong growth platforms and a future-ready portfolio, said ITC in its annual report    “ITC’s vibrant portfolio of over 25 world-class Indian brands, largely built through an organic growth strategy in a relatively short period of time, represents an annual consumer spend of over ₹ 24000 crores and reach over 200 million households in India,” the report read.     ITC’s FMCG revenue grew from Rs 12,844 crores in FY 20 to…

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