ITC Q1 net up 20 pc at Rs 1,602 cr

ITC Q1 net up 20 pc at Rs 1,602 cr

Diversified business firm ITC Ltd today said its net profit rose 20.21 per cent to Rs 1,602.14 crore during the first quarter ended June 30, 2012.

The company had posted net profit of Rs 1,332.72 crore during the same period 2011-12, ITC Ltd said in a filing to the BSE.

Net sales of the company rose to Rs 6,552.21 crore for the April-June quarter of 2012-13, as compared to Rs 5,767.47 crore during the same period of the last financial year.
The company has interests in four main segments --FMCG, Hotels, Paperboards & Packaging and Agri business.

Shares of ITC Ltd were trading at Rs 254.95 on the BSE in the afternoon, up 0.14 per cent from its previous close.

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