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ITC reports 10% rise in Q1 net profit

27 Jul 2018 Evaluate

ITC has reported results for first quarter ended June 30, 2018.

The company has reported 10.08% rise in its net profit at Rs 2,818.68 crore for the quarter under review as compared to Rs 2,560.50 crore for the same quarter in the previous year. However, total income of the company decreased by 21% at Rs 11278.44 crore for Q1FY19 as compared Rs 14277.19 crore for the corresponding quarter previous year.

ITC has business a 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 258.00
Godfrey Phillips Ind 1915.00
VST Industries 203.25
Indian Wood Products 35.35
NTC Industries 135.00
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