ITC Ltd posted a net profit of Rs 1,070 crore for the three months ending June 30. This marks a 22 per cent jump from Rs 879 crore in the same quarter last year.
Net sales increased by 16% to Rs 4,817 crore from Rs 4,148 crore YoY.
ITC Ltd is 31.7 per cent owned by British American Tobacco, is India's top cigarette maker. It also makes consumer goods and runs hotels.