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ITC Q3 results: Net profit rises 14.8% to Rs 4,118.80 cr, revenue jumps 30%

Pre-tax profits from the non-cigarettes FMCG segment was at Rs 246 crore, compared with Rs 243 crore in the same period last year

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Ishita Ayan Dutt Kolkata
Cigarettes-to-hotels major, ITC, reported a 14.81 per cent year-on-year (YoY) increase in consolidated profit after tax (PAT) at Rs 4,118.80 crore in the December quarter (Q3) led by growth across segments. In the year-ago period, PAT was at Rs 3,587 crore.

Its consolidated revenues were Rs 18,366 crore, up 30 per cent from Rs 14,124 crore in the year-ago period. Sequentially, too, revenues and profits were higher. In the previous quarter, revenues from operations had stood at Rs 14,844 crore and PAT at Rs 3,764 crore.

Cigarettes staged a recovery with revenues at Rs 6,959 crore, compared with Rs 6,091