ITC Q2 net profit up 23.59% at Rs 1,247 cr

Cigarette major ITC has announced its results for the quarter ended September 2010. It has reported net profit at Rs 1,247 crore as against Rs 1,009 crore, a growth of 23.59% on year-on-year basis.
Net sales jumped 17.92% to Rs 5,061 crore in Q2FY11 from Rs 4,292 crore in Q2FY10.
Numbers were better-than-expectations; CNBC-TV18 expected net sales at Rs 5,000 crore and net profit at Rs 1,190 crore.
Other income jumped 82.35% to Rs 124 crore from Rs 68 crore.

Comments

Have an opinion about this news? Tell us.
name-DEEPAK KUMAR JHA
PGDM(20120-12)
1ST

This entry was posted on at 1:12 AM. You can follow any responses to this entry through the RSS 2.0. You can