Itcs Business With Bat Grows 10 To Rs 1587 Crore In Fy26 But Dividend Payout Falls 9
Economic Times
ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividend payouts to BAT decreased.
Despite a complex history, BAT views its stake as strategic, citing India's market potential. These related-party transactions suggest strengthening ties between the two entities.
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
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