ITC Properties Group Limited provided earnings guidance for the year ended of March 31, 2017. For the period, the Group is expected to record a significant decrease in the net profit for the year ended 31st March, 2017 as compared with that reported for the corresponding year ended 31st March, 2016. The decrease in the net profit is mainly attributable to a significant decrease in the share of profits from an associate of the Group, since the number of presold units of its residential project handed over to the end buyers during the year was much lesser than that of the Corresponding Year.