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ITC reports 6% rise in Q2 consolidated net profit

20 Oct 2023 Evaluate

ITC has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 10.32% rise in its net profit at Rs 4926.96 crore for the quarter under review as compared to Rs 4466.06 crore for the same quarter in the previous year. Total income of the company increased by 5.29% at Rs 18600.69 crore for Q2FY24 as compared Rs 17666.46 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 6.11% rise in its net profit at Rs 4955.90 crore for Q2FY24 as compared to Rs 4670.32 crore for the same quarter in the previous year. Total income of the company increased by 4.58% at Rs 19934.90 crore for Q2FY24 as compared Rs 19062.68 crore for the corresponding quarter previous year.

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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