ITC Q2 net profit up 37% to Rs 4,173.72 crore; net sales 6.16%

FMCG major ITC on Thursday reported a 37.06 per cent rise in consolidated net profit at Rs 4,173.72 crore for the second quarter ended September 30.

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.

Its net sales rose 6.16 per cent to Rs 12,759.44 crore during the quarter under review from Rs 12,018.61 crore in the corresponding quarter a year ago.

Total expenses rose 4 per cent to Rs 8,455.16 crore in July-September from Rs 8,129.19 crore in the year-ago period. Shares of ITC on Thursday closed 0.82 per cent lower at Rs 248.95 apiece on the BSE.