<p>Diversified entity ITC Ltd on Monday reported a 16.08 per cent rise in consolidated net profit at Rs 5,180.12 crore in the first quarter ended June 2023.</p>.<p> The company had posted a consolidated net profit of Rs 4,462.25 crore in the year-ago period, ITC Ltd said in a regulatory filing.</p>.<p> Its consolidated revenue from operations stood at Rs 18,639.48 crore, down 6 per cent. It was Rs 19,831.27 crore in Q1 of FY 2022-23.</p>.Post hotel demerger ITC bets big on FMCG.<p>ITC's total expenses in the quarter was at Rs 12,421.77 crore, down 12.53 per cent from the first quarter of FY 2022-23.</p>.<p>Total income of ITC in the June quarter was down 3.92 per cent to Rs 19,361.78 crore.</p>.<p>Shares of ITC on Monday settled at Rs 448.95 on BSE, up 0.06 per cent from previous close. </p>
<p>Diversified entity ITC Ltd on Monday reported a 16.08 per cent rise in consolidated net profit at Rs 5,180.12 crore in the first quarter ended June 2023.</p>.<p> The company had posted a consolidated net profit of Rs 4,462.25 crore in the year-ago period, ITC Ltd said in a regulatory filing.</p>.<p> Its consolidated revenue from operations stood at Rs 18,639.48 crore, down 6 per cent. It was Rs 19,831.27 crore in Q1 of FY 2022-23.</p>.Post hotel demerger ITC bets big on FMCG.<p>ITC's total expenses in the quarter was at Rs 12,421.77 crore, down 12.53 per cent from the first quarter of FY 2022-23.</p>.<p>Total income of ITC in the June quarter was down 3.92 per cent to Rs 19,361.78 crore.</p>.<p>Shares of ITC on Monday settled at Rs 448.95 on BSE, up 0.06 per cent from previous close. </p>