Itc Q1
ITC Q1FY22 results: Expert take
The cigarettes-to-hotels conglomerate, ITC, reported a 30.24% YoY increase in consolidated profit in the June quarter. Business Standard spoke to a D-Street expert to understand how ITC fared in Q1 and how government divestment of its 7.93% stake in ITC is likely to impact the stock in the quarters ahead.
 "ITC Q1FY22 results: Expert take")
ITC Q1 net profit rises 12.69% to Rs 3,436.51 cr; net sales up 6.69%
Net sales during the quarter under review stood at Rs 12,532.31 crore as against Rs 11,745.68 crore in the corresponding period a year ago
 "ITC Q1 net profit rises 12.69% to Rs 3,436.51 cr; net sales up 6.69%")
More re-rating ahead for ITC; cigarette volume growth revives in Q1
Profitability of most other businesses is expected to improve further and stock valuations are still cheap
 "More re-rating ahead for ITC; cigarette volume growth revives in Q1")
ITC Q1 net profit rises 10.07% at Rs 28.19 billion, beats estimates
The net profit during the similar quarter of the last fiscal year stood at Rs 25.61 billion while the revenue was registered at Rs. 142.77 billion
ITC Q1 result beats estimates, net profit up by 10% to Rs 28.19 billion
However, quarterly revenue from operations fell 21.2 per cent to Rs 108.75 billion
ITC Q1 net rises 7.4% at Rs 2,560 cr; cigarette sales up 6.6%
Company's gross revenue from sales of products and services was at Rs 13,722 cr
 "ITC Q1 net rises 7.4% at Rs 2,560 cr; cigarette sales up 6.6%")
