Business

Higher tobacco taxes burn cigarette makers' net revenue, volumes, profit in Q1

ITC, Godfrey Phillips India, and VST Industries together account for more than 90% of the domestic cigarette market

· 8/2/2026, 9:34:00 AM· 2 min read
Higher tobacco taxes burn cigarette makers' net revenue, volumes, profit in Q1
ITC, Godfrey Phillips India, and VST Industries together account for more than 90% of the domestic cigarette market
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