Business Standard

ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%

The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal

ITC
Premium

ITC

Press Trust of India New Delhi
FMCG major ITC on Friday reported a 29.03 per cent increase in consolidated net profit at Rs 4,047.87 crore for the third quarter ended December 2019.

The company had posted a net profit of Rs 3,136.95 crore in October-December quarter of the previous fiscal.

Net sales during the quarter under review rose 5.71 per cent to Rs 13,220.30 crore as against Rs 12,506.05 crore in the corresponding period in previous fiscal, ITC said in a regulatory filing.

"The company posted a steady performance during the quarter amidst a particularly challenging operating environment," ITC said in a post earning statement.

According to the company, the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 31 2020 | 8:15 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com