ITC posts net profit of Rs 3210 crore, the highest in last 17 quarters

The net profit and total revenue during the third quarter (Q3) of the previous fiscal year stood at Rs 3090.20 crore and Rs 10594.55 crore respectively

In line with street estimates, ITC Ltd posted a 3.85 per cent increase in its net profit for the quarter ended December 31, 2018 at Rs 3209.07 crore with a 15.79 per cent increase in its total revenue at Rs 12267.65 crore. However, if exceptional items in the post-tax profit of the third quarter of the last fiscal year is deducted, then it represents a 13.8 per cent rise in profitability – the highest for ITC in the last 17 financial quarters. 

The net profit and total revenue during the third quarter (Q3) of the previous fiscal year stood at