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ITC Ltd Q2FY24; 6% rise in Profits

Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.

Financial Results:

  • ITC Ltd reported Revenues for Q2FY24 of ₹17,774.00 Crores up from ₹17,108.00 Crore year on year, a rise of 3.89%.
  • Total Expenses for Q2FY24 of ₹11,783.00 Crores up from ₹11,324.00 Crores year on year, a rise of 4.05%.
  • Consolidated Net Profit of ₹4,965.00 Crores up 6.04% from ₹4,682.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.93, up 5.36% from ₹3.73 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: FMCG
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