Limited, a multi-business conglomerate, reported 7.4% increase in net profit
at Rs 2,560 crore in April-June 2017 quarter as against Rs 2,385 crore in year-ago period.
from operations rose about 4% to Rs 13,800 crore, while revenue
from its cigarettes segment grew 6.6%.
ITC's net sales during the period under review was up 4.29 per cent to Rs 13,722.21 crore, as against Rs 13,156.68 crore in the corresponding quarter last fiscal.
Its total expenses were up 3.34 per cent to Rs 10,332.61 crore, as against Rs 9,998.18 crore of Q1 FY 2016-17.
Shares of ITC
today settled at Rs 288.65 on BSE, down 1.62 per cent from previous close.