ITC reported a net rise od 20% in profit at Rs 1,602 crore for the quarter ended in June, Latest stock price
Diversified business firm ITC Ltd today posted 20.21% rise in net profit to Rs 1,602.14 crore for the first quarter ended June 30, 2012, on the back of robust sales across non-cigarette FMCG businesses.
It had posted a net profit of Rs 1,332.72 crore during the same period 2011-12, according to an ITC statement.
Net sales of the company rose to Rs 6,552.21 crore for the April-June quarter of 2012-13, as compared to Rs 5,767.47 crore during the same period of the last financial year.
In the FMCG segment, including cigarettes vertical, the company posted net revenues of Rs 4,777.29 crore during the quarter, compared to Rs 4,071.32 crore in the same period of 2011-12.
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