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ITC’s Q1 net profit jumps 24.52%

28 Jul 2011 Evaluate

ITC has reported results for its first quarter ended June 30, 2011.

The company’s net profit for the quarter has rose by 24.52% at Rs 1332.72 crore as compared to Rs 1070.31 crore for the same quarter last year. Its total income increased by 21.08% to Rs 6004.02 crore for the quarter under review from Rs 4958.73 crore for the corresponding quarter of the previous year.

ITC has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 260.25
Godfrey Phillips Ind 1928.00
VST Industries 204.05
Indian Wood Products 33.86
NTC Industries 134.70
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