ITC Q4 net up 3.65 pc at Rs 2,361.18 crore

Diversified group ITC today reported 3.65 per cent increase in standalone net profit at Rs 2,361.18 crore for the fourth quarter ended March 31, 2015.
The Kolkata-headquartered firm had posted a profit of Rs 2,278.01 crore in the January-March quarter of 2013-14.
Net sales rose marginally by 0.47 per cent to Rs 9,188.25 crore in the quarter under review from Rs 9,145.14 crore in the year-ago period, ITC said in a BSE filing.
During the quarter, revenue from the FMCG business, including cigarettes, increased by 3.23 per cent to Rs 4,210.7 crore, from Rs 4,078.78 crore in the corresponding quarter in 2013-14.

Revenue from ITC's non-cigarette FMCG business grew by 10.88 per cent to Rs 2,566.51 crore, compared with Rs 2,314.51 crore in the same period last year.
In a separate filing, the company said that its board has recommended a dividend of Rs 6.25 per share for the financial year ended March 31, 2015.
The ITC scrip closed at Rs 328.45, up 0.34 per cent from previous close on BSE.