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ITC Q2 net profit up 37 pc to Rs 4,173.72 cr

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Press Trust of India New Delhi

FMCG major ITC on Thursday reported a 37.06 per cent rise in consolidated net profit at Rs 4,173.72 crore for the second quarter ended September 30.

The company had posted a net profit of Rs 3,045.07 crore in July-September quarter a year ago, ITC said in a regulatory filing.

Its net sales rose 6.16 per cent to Rs 12,759.44 crore during the quarter under review from Rs 12,018.61 crore in the corresponding quarter a year ago.

Total expenses rose 4 per cent to Rs 8,455.16 crore in July-September from Rs 8,129.19 crore in the year-ago period.

Shares of ITC on Thursday closed 0.82 per cent lower at Rs 248.95 apiece on the BSE.

 

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First Published: Oct 24 2019 | 6:40 PM IST

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