indian tobacco company The West Limited (WITCO) saw its profits take a hit for the nine months ended 30 September 2025, with profit before tax falling 46 per cent to $82.9 million ITC Limited is an Indian
ITC Limited is an Indian multinational conglomerate company headquartered in Kolkata. It was founded in 1910 as Imperial Tobacco Company of India Limited, renamed as Indian Tobacco Company Limited in 1970, and ITC finally pulled the trigger on the hotel demerger. Here is the financial logic:, 1 Capital Mismatch: FMCG is asset light (High ROCE). Hotels are asset heavy (Lower ROCE). Keeping them together British American Tobacco sells $1.5 billion stake in India's ITC via block deal Reuters ITC Limited First look at the Tobacco to Hotels to FMCG giant in India
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