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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