Latest News | ITC Q3 Profit Down 7.27 Pc to Rs 5,013.16 Cr; Revenue Up 9 Pc to Rs 20,349.96 Cr
Get latest articles and stories on Latest News at LatestLY. Diversified entity ITC Ltd on Thursday reported a decline of 7.27 per cent in consolidated net profit to Rs 5,013.16 crore for the December quarter.
New Delhi, Feb 6 (PTI) Diversified entity ITC Ltd on Thursday reported a decline of 7.27 per cent in consolidated net profit to Rs 5,013.16 crore for the December quarter.
The company had posted a consolidated net profit of Rs 5,406.52 crore in the year-ago period, ITC said in a regulatory filing.
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ITC's revenue from operations was up 9.05 per cent to Rs 20,349.96 crore in the December quarter from Rs 18,660.37 crore in the last fiscal year.
The total expenses were 12.18 per cent higher in the December quarter to Rs 14,413.66 crore.
The total income of ITC, which includes other income, rose 8.47 per cent to Rs 20,945.82 crore. It was Rs 19,308.85 crore a year ago.
Shares of ITC Ltd on Thursday settled at Rs 441.40 apiece on the BSE, down 1.53 per cent from its previous close.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)