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ITC Q2 net jumps 21% to Rs 1,514 cr

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 2:39 AM IST

Diversified business firm ITC today posted 21.46% rise in net profit at Rs 1,514.31 crore in the second quarter ended September 30.

The company, which sells personal care brands like 'Fiama Di Wills', 'Vivel' and 'Superia' had a net profit of Rs 1,246.74 crore in the quarter ended September 30, 2010, ITC said in a filing to the BSE.

During the July-September quarter this fiscal, the firm's net sales rose by 17.52% to Rs 5,974.18 crore from Rs 5,083.48 crore posted in the same period last fiscal.

While the firm's FMCG segment, which includes its cigarette business, had a 19.49% jump in its net revenue to Rs 4,308.80 crore, its hotel business revenue rose marginally by one% to Rs 211.14 crore.

The company's net revenue from agri-business stood at Rs 1,434 crore, while sales in paperboards, paper and packaging segment generated a revenue of Rs 1,005.42 crore.

Meanwhile, ITC shares were trading at Rs 206.50 on the BSE, up 1.40% from the previous close.

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First Published: Oct 24 2011 | 12:39 PM IST

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