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VERIFIEDMint Industry·positive
ITC’s FMCG expansion bears fruit as new-age brands deliver 60% growth
AI Summary
- ·ITC's digital-first FMCG acquisitions have an annual run rate exceeding ₹1,350 crore in FY26.
- ·The company's expansion beyond the Aashirvad brand is showing positive results.
- ·Near-term profitability for these new acquisitions is still under development.