Day: July 24, 2021

ITC reports 30% rise in Q1 net profit at Rs 3,343 crore

Cigarette-to-hotel conglomerate ITC Ltd on Saturday reported 30 for each cent rise in consolidated web gain at Rs three,343 crore for the first quarter of present economic yr (Q1FY22). The same was Rs two,567 crore in the June quarter of very last yr.

Its profits from functions rose 36 for each cent for each cent to Rs 14,240 crore as versus Rs 10,478 crore in the yr-back interval.

Even so, on a sequential basis, the gain soon after tax (PAT) fell twelve for each cent. It was Rs three,816 crore during the March quarter (Q4FY21).

The FMCG main said that it has viewed strong rebound across operating segments even with constraints in the wake of the second coronavirus wave.

Section clever, the profits from the FMCG-cigarette enterprise arrived in at Rs five,802 crore, up 34 for each cent from Rs four,330 crore reported in the very last yr interval. The

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