During the company's annual general meeting last year, Deveshwar said the diversified conglomerate was planning to garner a revenue to the tune of R1,00,000 crore from the 'new FMCG' business by 2030. The new FMCG business includes its non-cigarette fast moving consumer goods business that includes packaged foods, personal care, apparel retailing, educational and stationery products and safety matches and agarbattis. ITC Ltd had reported a 5.67% year-on-year rise in its standalone net profit to Rs2,495.20 crore for the quarter ending March 31, 2016, from Rs2,361.18 crore for the year-ago period. The company's scrip on Wednesday closed at Rs354.55, down 1.12% on BSE from the previous close.