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ITC reports 24% rise in Q2 consolidated net profit

21 Oct 2022 Evaluate

ITC has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 20.80% in its net profit at Rs 4466.06 crore for the quarter under review as compared to Rs 3697.18 crore for the same quarter in the previous year. Total income of the company increased by 24.14% at Rs 17666.46 crore for Q2FY23 as compared Rs 14230.51 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 24.09% in its net profit at Rs 4670.32 crore for the quarter under review as compared to Rs 3763.73 crore for the same quarter in the previous year. Total income of the company increased by 24.49% at Rs 19062.68 crore for Q2FY23 as compared Rs 15313.15 crore for the corresponding quarter previous year.

Peers
Company Name CMP
ITC 268.55
Godfrey Phillips Ind 1875.00
VST Industries 201.30
Indian Wood Products 38.80
NTC Industries 137.00
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