ITC Q2 consolidated net profit rises 10.09% at Rs 3,763.73 crore

Ltd on Wednesday reported a 10.09 per cent increase in its consolidated net profit to Rs 3,763.73 crore for the second quarter ended in September 2021.

The company had posted a net profit of Rs 3,418.69 crore during the July-September quarter of the previous fiscal, said in a regulatory filing.

Its revenue from operations was up 12.14 per cent to Rs 14,662.59 crore during the quarter under review, as against Rs 13,075.14 crore in the corresponding period of the previous fiscal.

Total expenses were at Rs 10,258.26 crore, up 11.93 per cent in Q2/FY 2021-22, as against Rs 9,164.68 core of the corresponding period.

Shares of Ltd on Wednesday settled at Rs 238.40 on BSE, up 0.68 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Source link