ITC logged an 11.4% year-on-year decline in consolidated profit to ₹3,587.09 crore in third quarter of the ongoing fiscal. Its revenue from the hotel business dipped 57% year-on-year to ₹248.87 crore. However, its revenue from the cigarette business, which contributed 43% to total business, rose to ₹6,091.17 crore in Q3 from ₹5,944.86 crore in the corresponding quarter a year ago.