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ITC posts 37% rise in net profit at Rs 4,175 crore, beats street estimates
ITC pointed to some measures as having helped it get over the muted demand in the markets
ITC Q2 net profit up 37% to Rs 4,173.72 crore; net sales 6.16%
The company had posted a net profit of Rs 3,045.07 crore in July-September quarter a year ago, ITC said in a regulatory filing
D Street wary as ITC's high cigarette volume growth came at cost of profit
Analysts believe gradual price hikes will help sustain decent growth in cigarette volumes
ITC Q2 net profit rises 12% to Rs 29.55 bn, meets Street estimates
ITC saw robust growth in nearly all its major business verticals
ITC profit rises in line with forecast, up 5.6%; cigarettes hit by high tax
Revenue from the cigarette business, which accounts for 47% of the top line, stood at Rs 4,554.21 crore
ITC Q2 net increases nearly 6% at Rs 2,640 cr
Revenue rises 7% to Rs 10,314 cr