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ITC second quarter net profit falls 18% to Rs 3,413 crore

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ITC Ltd on Friday posted an 18.23per cent decline in consolidated net profit to Rs 3,413.44 crore for the quarter ended September. The company had posted a net profit of Rs 4,174.69 crore during the July-September quarter of the previous fiscal,ITCsaid in a regulatory filing.

ITC second quarter net profit falls 18% to Rs 3,413 crore
ITC Ltd on Friday posted an 18.23per cent decline in consolidated net profit to Rs 3,413.44 crore for the quarter ended September. The company had posted a net profit of Rs 4,174.69 crore during the July-September quarter of the previous fiscal,ITCsaid in a regulatory filing.
However, its revenue from operations was up 2.17 per cent to Rs 13,147.81 crore in the second quarter of the current fiscal. In the year-ago period, the same was at Rs 12,867.39 crore. ITC'stotal expenses stood at Rs 9,164.68crore in the latest September quarter, an increase of 8.39 per cent compared to Rs 8,455.16 crore in the same period a year ago.
Shares ofITC settled at Rs 173.95 on the BSE, marginally down from the previous close.

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CompanyPriceChng%Chng
SBI Life Insura1,076.65 26.20 2.49
Bajaj Finserv13,525.05 323.85 2.45
Hindalco400.05 8.30 2.12
Divis Labs4,921.15 96.40 2.00
UltraTechCement7,616.70 126.40 1.69
CompanyPriceChng%Chng
Bajaj Finserv13,525.35 324.75 2.46
UltraTechCement7,605.05 116.10 1.55
Sun Pharma703.55 9.55 1.38
Titan Company1,722.55 21.90 1.29
Tata Steel1,298.10 16.20 1.26

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