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ITC net rises 16% in Q2

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Our Corporate Bureau Mumbai
Last Updated : Jan 28 2013 | 2:26 AM IST
 Earnings per share for the quarter stood at Rs 17.29. In the quarter ended September 30, 2002, the company had reported net profit of Rs 380 crore and pre-tax profit of Rs 554 crore on gross income of Rs 2827 crore and EPS of Rs 15.37.

 Riding on the back of the quaterly figures, ITC reported unaudited net profit of Rs 825 crore and pre-tax profit of Rs 1228 crore on gross income of Rs 5738 crore for the first half (H1) of the fiscal ended September 30, 2003.

 The H1 figures of the preceding fiscal were net profit of Rs 724 crore, pre-tax profit of Rs 1087 crore and gross sales of Rs 5575 crore. EPS in H1 this fiscal was Rs 33.33 (Rs 29.27 last H1).

 Revenues from the non-cigarette consumer goods business grew more than five times to Rs 126 crore while its pathbreaking e-choupal network was extended to 2600 installations at 13000 villages covering more than 1.5 million farmers.

 The e-choupal network was already being used for marketing of financial services products like insurance besides physical goods.

 

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First Published: Oct 30 2003 | 12:00 AM IST

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