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Most states require a business to acquire a wholesaler and/or retailer license to even sell tobacco into their state
Results Summary Q4FY20 Q4FY19 %Change (YoY) Profit (Cr) 3797 3481.9 6.5 Revenue (Cr) 11420 12206 6.4 EBITDA (Cr) 4163.5 4571.6 8.9 Margin (%) 38.4% 38.1% 30bps Segment-wise change (YoY) (Q4FY20 vs Q4FY19) | | Gross Revenue | Profit Before Tax ||----|---- FMCG - Cigarettes| -6.5% |-11.8% FMCG - Others | -2.8% | +12.6% Hotels|-8.6%| -52.0% Agri Business|-10.2%|-16.4% Paperboards, Paper & Packaging|-5.1%|-4.9% Notes: The increase in profit is largely due to governments cut in corporate taxes
Don't run a red light or jaywalk, as this is very dangerous
The only ring : ring + volcano
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