ITC, a multi-business conglomerate having presence in cigarettes, hotels, speciality papers and packaging, has posted a rise of 17.36 per cent in its profit after tax for the quarter ended June 30, 2009 at Rs 878.70 crore as compared to Rs 748.67 crore in the corresponding quarter a year ago. The company's total income during the period stood at Rs 4,220.49 crore as against Rs 4,014, up 5.14 per cent.

The company in a statement said, "As a result of the restructured product portfolio, profitability of the agri-business continued to be robust despite lower revenues. Whilst margins improved, investments in brand building in the Personal Care and Branded Foods business continued to impact the segment results of ‘FMCG-Others’."

Click here for Cloud Computing

Also Read   Related Stories News Now - Racks to riches - US auto bankruptcies hit Indian auto suppliers: Fitch - GST, FDI in retail can quadruple FMCG turnover: Ficci-Technopak - Supachai re-elected as UNCTAD head - Removing old veneers - Dabur completes Fem acquisition ; to launch new products

Also Read   Related Stories News Now - S&P reaches 7-month high before hitting wall - World Bank President Zoellick to step down on June 30 - Oil cos cut jet fuel prices by Rs 350/kl - Telcos operating profit to rise 5% in 2 yrs: Crisil - PESB recommends SS Narsing Rao for CIL's top slot More

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - S&P reaches 7-month high before hitting wall - World Bank President Zoellick to step down on June 30 - Oil cos cut jet fuel prices by Rs 350/kl - Telcos operating profit to rise 5% in 2 yrs: Crisil - PESB recommends SS Narsing Rao for CIL's top slot

Tags : ITC | FMCG Sector | cigarettes | hotels | speciality papers | packaging | financial results | Q1FY10   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Save over Rs.3000 with IndianOil Citibank Card -  We live for our family. have you secured them? -  India's No. 1 Property Site. Click here to know more.. -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Medium-sized businesses are the engines of a smarter planet. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...