ITC Properties Group Limited provided Group earnings guidance for the six months ended 30 September, 2016. For the period, the Group is expected to record a 40% to 50% decrease in the net profit for the six months ended 30th September, 2016 as compared with that reported for the corresponding period ended 30 September, 2015. The decrease in the net profit is mainly attributable to a significant decrease in the share of profits from an associate, since the number of presold units of its residential project handed over to the end buyers during the Period was much lesser than that of the Corresponding Period.