Get Quotes

Market Menu

News Details

( As on 28/10/2021 08:20) ITC Q2 net profit up 14.38% at Rs 3697.18 cr

The company reported standalone net profit of Rs 3,697.18 crore for the quarter ended September 30, 2021 as compared to Rs 3232.40 crore in the same period last year, registering a year-on-year growth of 14.38 per cent.

Net revenue of the company rose moderately by 13.17 per cent at Rs 13,553.52 crore in July-September quarter of this fiscal as against Rs 11,976.75 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 12.91 per cent to Rs 8,938.48 crore from Rs 7,916.12 crore in year ago period.

Other Income grew by 10.99 per cent at Rs 676.99 crore versus (Sep'20 Rs 609.95 crore).

Operating Profit surged by 13.65 per cent to Rs 4,615.04 crore as against Rs 4,060.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.44 per cent in September quarter.

Interest declined by 24.06 per cent y-o-y to Rs 10.45 crore, while Taxation increased by 13.53 per cent at Rs 1,182.94 crore (Sep'20 Rs 1,041.92 crore).