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ITC Q1 net profit up 10% to Rs 2,385 crore

Shares of the company ended 0.06% lower at Rs 250.65 on BSE

A man talks on his mobile phone as he walks past an ITC office building in Kolkata

A man talks on his mobile phone as he walks past an ITC office building in Kolkata

Press Trust of India New Delhi
FMCG firm ITC on Thursday reported an increase of 10% in standalone net profit at Rs 2,385 crore for the first quarter ended June 30, 2016.

The company had posted a net profit of Rs 2,166 crore during the April-June quarter a year ago.

Net sales of the Kolkata-based company moved up 8.28% to Rs 13,156.68 crore for the quarter under review as against Rs 12,150.48 crore in the corresponding quarter of the previous fiscal, ITC said in a BSE filing.

Shares of the company ended 0.06% lower at Rs 250.65 on BSE.

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First Published: Jul 21 2016 | 6:03 PM IST

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