ITC Q3 Net up 16 pc at Rs 2,385 crore

Diversified firm ITC today reported 16.25 per cent rise in net profit at Rs 2,385.34 crore for the third quarter ended December 31, 2013.

The company had posted a net profit of Rs 2,051.85 crore in the same period of previous fiscal.

Net sales of the company rose to Rs 8,623.34 crore for the third quarter ended December 31, 2013, as against Rs 7,627.07 crore in the same period of previous financial year, ITC Ltd said in a statement.

Shares of ITC were trading at Rs 325.30 apiece on the BSE in afternoon trade, down 0.12 per cent, from its previous close.