ITC posts 11.9 per cent increase in profit at Rs 2,954.67 crore for Q2

ITC Ltd on Friday reported an 11.9 per cent increase in its net profit at Rs 2,954.67 crore in the quarter which ended on September 30 of the current fiscal.

Cigarette-to-FMCG major ITC Ltd on Friday reported an 11.9 per cent increase in its net profit at Rs 2,954.67 crore in the quarter which ended on September 30 of the current fiscal as compared to Rs 2,639.84 crore in the year-ago period.

Its revenue operations, during the quarter under review, was at Rs 11,272.51 crore, up by about 15.5 per cent from Rs 9,763.92 crore in the corresponding period last year.

Its revenue from the cigarette business, during the September quarter, stood at Rs 5,026.06 crore, up by 10.36 per cent from Rs 4,554.21 crore in the same period last year.