ITC Ltd.s profit misses estimates, Profit Falls 25% but FMCG Revenue Rises 10.3%, Localized lockdowns are posing operational challenges Unprecedented disruptions in economic activity caused by nationwide lockdowns in the wake of COVID-19 pandemic weighed on the Company's performance during the quarter. Hotels, Cigarettes, ESPB and Paperboards & Packaging Businesses were impacted the most. FMCGOthers Segment delivered a strong performance driven by Staples, Convenience Foods and Health & Hygiene products, leveraging the strong equity of the Company's brands and a robust portfolio of relevant and innovative products. Other than the Hotels segment, progressive...