Sanjiv Puri states that the state has been making rapid progress currently
ITC, a company with presence in fast-moving consumer goods (FMCG), packaging, agri and information technology (IT) businesses, will make its next investment in Andhra Pradesh, said Sanjiv Puri, Managing Director (MD) of the company and the President of the Confederation of Indian Industry (CII).
During a session with the state’s Chief Minister Chandrababu Naidu at the CII Annual Business Summit 2025, Puri stated, “The next investment we make will be in Andhra Pradesh and you will hear about it very soon.”
“Chief Minister, it is with that thought in mind about the point you made on performance. We know it from the past. That is what motivated me to say that we are going to invest because we have seen how you have transformed in the past. We are seeing the speed with which Andhra Pradesh is now transforming,” Puri added.
Driven by exceptional gain, the diversified conglomerate ITC has reported a consolidated net profit of Rs 19,807.8 crore in the fourth quarter of the fiscal year 2025 (Q4FY25). However, the profit from the continuing operations rose to Rs 5,155.27 crore in Q4FY25 from Rs 5,006.14 crore in Q4FY24.
The financial results of the company revealed that the revenue from operations surged to Rs 20,176.41 crore in the recently concluded quarter from Rs 18,412.52 crore in Q4FY24. In FY25, the company reported a jump in revenue from operations, which stood at Rs 80,942.76 crore in FY25 as compared to Rs 73,350.53 crore in FY24. The company’s total consolidated profit rose to Rs 35,052.48 crore in FY25 from Rs 20,751.36 crore in FY24.
