Its cigarette revenue during the year ended March 31, also decreased by 32 per cent to Rs 22,894.01 crore.
Hindalco on Wednesday posted 24.98 per cent year-on-year drop in profit at Rs 376.97 crore for the quarter ended March.
For the full year, ITC's net profit rose 10% to Rs11,223.25 crore, or Rs9.16 per share, compared with Rs8.38 per share in fiscal 2017.
Revenue from cigarettes during the March quarter fell by nearly 45 per cent to Rs 4,936.45 crore over Rs 8,954.94 crore in same period of previous fiscal.
"In view of the aforesaid restructuring of indirect taxes, Total Income from Operations for the quarter and twelve months ended 31 March, 2018 are not comparable with the previous periods", said ITC.
Chelsea lead Arsenal in Jean Michael Seri pursuit
The Gunners are unlikely to be alone in their pursuit, given that the 26-year-old almost signed for Barcelona last summer. The Ivory Coast global is reported to be desperate for the chance to play in the Champions League under Pep Guardiola.
"The legal cigarette industry, already reeling under the cumulative impact of a steep increase in taxation over the last five years and intense regulatory pressures, was further impacted by the sharp upward revision in GST Compensation Cess announced in July 2017", the company said.
The Cigarette-to-soap maker's net sales for March quarter is noted at Rs 12,126 crore, which is 9 percent higher on year, as per the Reuters estimates. It was Rs 2,885.76 crore in the year-ago period.
Earnings before interest, tax, depreciationand amortisation (EBITDA) is likely to surge 9 percent YoY to Rs 4,236 crore.
At NSE, shares of the company went up by 1.41 per cent to close at Rs 285.85.
The company posted "muted growth of 3.6 percent in gross sales value (GSV) due to decline in agri business revenue; GSV excluding Agri Business up 5.7 percent driven mainly by FMCG-Others and Hotels", said ITC in a statement. However, its hotel business fared better, posting an EBIT jump of 13 per cent year-on-year in the quarter under review. ITC's shares were trading firm at Rs285.75 each on BSE, up 1.4% at 2.45pm in a weak market.
The game was officially revealed to have a single-player campaign in addition to multiple maps and modes for multiplayer. EA's teaser site for Battlefield has been updated and confirms a Battlefield 5 reveal set for May 23.
NASA has always been able to check out Mars on the ground with rovers and landers and from far above with orbital spacecraft. Earlier this week, they also proved the concept of small robotic satellites might be a game changer.
He said he could not recall the day the Trump meeting was arranged but insisted that he had never discussed the meeting with him. Politics, I knew nothing about", Goldstone said, adding that neither did Emin Agalarov nor his father, Aras.
Yadav (27 off 15) fell the very next ball and Mumbai , with 60 for 3 in six overs, had mixed feelings about the Power Play. Rahul was circumspect but Chris Gayle had no qualms welcoming Hardik Pandya with a smashing pull over mid-wicket for six.
And in 2016, a vape pen user in NY suffered third-degree burns after the pen exploded in his trousers , NBC 4 NY reported. Experts say that people who use vape pens should be careful about how they maintain the batteries.
The position of current 21st Century Fox CEO James Murdoch , younger brother of Lachlan Murdoch , is unclear. After Lachlan Murdoch essentially left the family media empire in 2005, the answer appeared to be James.
Police told the outlet that he was arrested at the gated community where he lives after an altercation with a security guard. The rapper contacted his wife Tameka "Tiny" Cottle , who confirmed that her husband should be allowed inside the community.
The meeting was held at the main office of the Meteorological Department where evidence of moon sighting was collected. In Karachi , the sun will set at 7:10 PM, and there will be 61 minutes window for sighting the moon.
Texas also canceled its 2023 home game with UCF , which was scheduled for the week it will now travel to play at Alabama . In 2020, Texas is scheduled to play South Florida ( Sept. 5 ), at LSU (Sept. 12) and now UTEP ( Sept. 19 ).
Well, it appears that might not be the case because Netflix are seriously considering the idea of making a third season. Designated Survivor was given a straight-to-series order by ABC and premiered in 2016 to strong ratings.
Following the fractured mandate "resort-politics" and "horse-trading" were back in political discussions in the state. BJP leaders across the state said they were confident of crossing the half way mark.
But it sounds like Johnson may get a chance to air his grievances with Belichick (and potentially Kraft) in the near future. You only get to do this job one time, so let's have fun while we're doing it. "I know that he's a great player".
Amazon Alexa developers get eight new voices
Developers can apply for the preview today by filling out a survey with ideas for using Amazon Polly voices in your skill. The eight voices will be in US English and will give devs who use them a chance to liven up their Alexa skills.
Karthik (41*) guides his team to a 6 wicket victory
KKR's attack is not the same as it was under Wasim Akram, especially after the injuries they have suffered all season. Rajasthan Royals and Kings XI Punjab are fighting very strongly in the ongoing season of Indian Premier League .
Tusk: US helps European Union to get rid of illusions
The EU should also be "grateful to President Trump ", Tusk said, "because thanks to him we have got rid of all illusions ". Trump's decision to relocate the USA embassy to the contested city of Jerusalem will also be raised.
Iran diplomat visits China for talks on nuclear deal crisis
Facing that reality, Le Maire said the European Union should strengthen its own legal arsenal against any such future US threats. Foreign companies that do business in the country have also been banned from accessing American banking and financial systems.
Shenmue 3 Gets Delayed to 2019
We promise to use this time to improve the quality of Shenmue III .We can not thank you enough for your enduring support. A teaser trailer released back in 2017 was criticized for the bizarrely blank facial expressions of its characters.
Two Sherpas smash own Everest summit records
Phurba Tashi, 47, retired from high-altitude climbing in 2013 but still works at Everest's Base Camp helping organise expeditions. Summits are underway every day since May 13 after the eight rope-fixing team members opened the climbing route for all climbers.