Mumbai, Feb. 7 -- The company's FMCG - Others business has reported 4% YoY growth in revenue to Rs 5,418 crore in Q3 FY24, amidst muted demand conditions.

The revenue from Cigarettes rose by 7.8% YoY to Rs 8,136 crore in the third quarter. Adjusted for excise duty/NCCD on sales, the revenue is higher by 8.1% YoY, mainly driven by growth in volumes.

The Agri Business segment revenue increased by 9.7% YoY to Rs 3,351 crore, with significant growth contribution from Leaf Tobacco & value added Agri products.

The company's Paperboards, Paper and Packaging Segment remains impacted due to low priced Chinese & Indonesian supplies in global markets including India, soft domestic demand conditions and unprecedented surge in wood prices. Segmenta...