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ITC’s Q3 consolidated net profit rises 29%

01 Feb 2020 Evaluate

ITC has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 29.07% in its net profit at Rs 4,141.93 crore for the quarter under review as compared to Rs 3,209.07 crore for the same quarter in the previous year. Total income of the company increased by 5.94% at Rs 12,996.63 crore for Q3FY20 as compared Rs 12,267.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 29.13% in its net profit attributed to the owners of the parent at Rs 3,975.54 crore for the quarter under review as compared to Rs 3078.67 crore for the same quarter in the previous year. Total income of the company increased by 6.01% at Rs 13,960.50 crore for Q3FY20 as compared Rs 13,168.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
ITC 258.00
Godfrey Phillips Ind 1915.00
VST Industries 203.30
Indian Wood Products 35.35
NTC Industries 134.95
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