ITC Q2 Results: Net profit rises 3% to ₹5,078 crore, revenue up 17% YoY; Expenses soar 21% on high costs- Dilli Dehat se

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ITC Ltd on Thursday reported an 1.8 per cent increase in consolidated net profit to ₹5,054.43 crore for the second quarter ended September 2024.

The company had posted a consolidated net profit of ₹4,964.52 crore in the year-ago period, according to a regulatory filing from ITC.

ITC’s revenue from operations jumped 15.62 per cent to ₹22,281.89 crore in the September quarter. It was ₹19,270.02 crore in the corresponding quarter of the previous fiscal.

The total expenses were 20.92 per cent higher in the September quarter to ₹16,056.86 crore.

ITC’s revenue from operations grew 15.62 per cent to ₹22,281.89 crore in the second quarter of FY25.

The total income of ITC, which includes other income, rose 14.86 per cent to ₹22,897.85 crore. It was ₹19,934.9 crore a year ago.

Shares of ITC Ltd on Thursday settled at ₹471.85 per scrip on BSE, down 1.81 per cent from its previous close.

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