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ITC reports 18% fall in Q2 consolidated net profit

09 Nov 2020 Evaluate

ITC has reported results for the second quarter ended September 30, 2020.

The company has reported a fall of 19.65% in its net profit at Rs 3232.40 crore for the quarter under review as compared to net profit of Rs 4023.10 crore for the same quarter in the previous year.However, total income of the company marginally increased by 0.50% at Rs 12586.70 crore for Q2FY21 as compared Rs 12525.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 18.23% in its net profit attributable to owners at Rs 3368.17 crore for the quarter under review as compared to net profit of Rs 4119.16 crore for the same quarter in the previous year. However, total income of the company marginally increased by 1.72% at Rs 13730.06 crore for Q2FY21 as compared Rs 13497.27 crore for the corresponding quarter previous year.

Peers
Company Name CMP
ITC 257.20
Godfrey Phillips Ind 1670.00
VST Industries 197.00
Indian Wood Products 35.34
NTC Industries 123.15
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